DealShare, one of the fastest-growing social e-commerce companies has announced that they are planning to penetrate further into the state and expand their services to more than 100 pin codes in the state.
Headquartered in Jaipur with offices in Bangalore, Ahmedabad and Mumbai, DealShare was established in September 2018, as an e-grocer in the social commerce space, a concept that utilizes e-commerce & social media to help customers to avail deals, discounts on their daily-use products.
To address the growth-driven business demand, the company will be expanding its warehousing presence from current 5,000 sqft to 60,000 sqft and will add new warehouses at Mumbai, Pune, Nashik and Nagpur.
Commenting on the expansion, Mr Vineet Rao, Founder and CEO, DealShare, said, “We have been receiving a very warm welcome in Mumbai. In the last three months, we have registered a ten times growth in our sales. This acceptance has boosted us significantly and we are planning to expand further into the state. We are planning to extend our services to Pune, Nashik, and Nagpur and touch around 100 pin codes in the state by Dec 2020. We are also confident that by December we will touch a scale of 30,000 orders every day in the state. In just six months of operations, Mumbai contributes to 25% of our revenue and will continue to be a growth driver for our business.”