Indian Startups17mo
What’s happening with Dealshare?
Does anybody know what’s the deal with dealshare at the moment? how’s their operations doing? Heard about some fraud as well?
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MagicalHamster
Stealth16mo
Had read some stuff here Tried to verify through people around me, stuff sounded off, but not this off
They’re quite big and this is most definitely damaging
DizzyWaffle
MakemyTrip16mo
I have never ever seen a single dealshare customer just like meesho.
They are big because they make VC believe their fraud revenues and take their money
MagicalHamster
Stealth16mo
For Meesho - probably because you're not in their TG and not around someone in their TG Similarly for anyone Tier 3/4 focused like CityMall etc.
ZoomyBurrito
Cred16mo
This is true. Investors have frozen most of the money. They don’t have a business model.
WobblyNoodle
Zomato16mo
Somebody knows what’s happening actually? It seems they are pivoting to offline and maybe that’s why budget is limited?
SqueakyWaffle
Stealth16mo
Had asked a question a few weeks ago about how it was doing. I’d heard similar stories. Now it’s out. No business model and ring fenced funds. What happens to the unicorn now?
SillyLlama
Stealth16mo
There is some pattern with tiger global
They recently exited flipkart and now blocking funds for another investment
Not sure if they are connected or completely unrelated things
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