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.
