Social commerce platform DealCart raised a $4.5 million in Pre-SEED led by Shorooq Partners

August 1, 2022

, By Team SNFYI

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Karachi-based social commerce platform DealCart raised a $4.5 million in Pre-SEED led by Shorooq Partners where Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Rally Cap Ventures, and several strategic angel investors also participated.

DealCart is a group purchasing platform that provides underserved communities with gamified and interactive access to affordable daily essential products. DealCart plans to use the funds to expand its product development and team. The platform’s goal is to give customers the ability to place larger orders as a group, unlocking lower prices for everyone while also providing a new, engaging, and community-centric way to shop. DealCart’s platform also aims to increase nationwide awareness and visibility for locally manufactured brands.

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Social commerce platform DealCart raised a $4.5 million in Pre-SEED led by Shorooq Partners

August 1, 2022

, By Team SNFYI

Karachi-based social commerce platform DealCart raised a $4.5 million in Pre-SEED led by Shorooq Partners where Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Rally Cap Ventures, and several strategic angel investors also participated.

DealCart is a group purchasing platform that provides underserved communities with gamified and interactive access to affordable daily essential products. DealCart plans to use the funds to expand its product development and team. The platform’s goal is to give customers the ability to place larger orders as a group, unlocking lower prices for everyone while also providing a new, engaging, and community-centric way to shop. DealCart’s platform also aims to increase nationwide awareness and visibility for locally manufactured brands.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Reliance retail-owned logistics startup grab joins ONDC

Next News

Fintech startup Tartan raised $4.5 milion in Pre-Series from 500 Global, InfoEdge Ventures and others

More like this

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