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Economic Times

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Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a third

  • Dealshare, a hyperlocal e-commerce unicorn, reported a 74.5% drop in operating revenue to Rs 499 crore in FY24.
  • The company reduced its loss to Rs 167 crore, a third of the previous year's figure.
  • Dealshare closed its B2B segment and fired 230 employees following a business review.
  • The company's headquarters moved from Bengaluru to Gurugram and it has raised $387 million in equity funding.

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