For sure. They currently have a team of <40 people and 1700 CR in their accounts is frozen seems. Founders siphoned off money to buy bungalows and cars. Bloody cheats.

Investor

How come no news openly about this fraud??

Founder

Does anybody know what’s the deal with dealshare at the moment? how’s their operations doing? Heard about some fraud as well?

What’s happening with Dealshare?

What’s happening with Dealshare?- Grapevine

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Hardly you find any startups where three founders have been fired by the investors. To all current and ex employees of Dealshare. Why do you think all the founders of the unicorn Dealshare were fired?  Was it because of some fraud or was it just performance based or was it because of dramatic change in direction by investors.

Dealshare founders

Operations Manager

Welcome to Office Gossip's Private Community

Just found out that Dealshare isn’t doing great

Product Owner

rumours are circulating that they are struggling big time

How bad are things at Dealshare?

Software Engineer

So many mini frauds and the company let it slide to show numbers. What were they thinking?  🤷🏼
https://themorningcontext.com/internet/dealshare-is-an-operational-mess

Dealshare mess

VC Analyst

Dealshare shuts its B2B business, laying off 130 employees

Corporate strategy

How true is this https://www.livemint.com/companies/inside-dealshare-s-search-for-an-identity-11696948090641.html#lnkn2tontvc56lq0gmh

In just one year, the social commerce online grocer has reinvented itself multiple times to survive. What gives?

What’s happening with Dealshare?

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Dealshare funds have been blocked from use. Something major off.