Founder and CEO of DealShare, Vineet Rao

Vineet Rao is the founder of DealShare, a hyperlocal online purchase platform for multi-category consumer products aimed at India’s young ‘WhatsApp first’ generation. Their goal is to reach the new 500 million consumers in non-metro cities and rural markets who haven’t done enough shopping online and are uncomfortable on other platforms.

Rao grew up in Jaipur, often known as the Pinkcity, which is famed for its rich cultural past. In the year 2000, he earned a bachelor’s degree in computer science and engineering from India’s premier university, IIT Mumbai. Rao and his pals founded DealShare in Jaipur with the goal of disrupting the e-commerce and retail industries using mobile and social-first solutions. He rapidly attracted a large number of his friends to invest in his business, and he went on to seek funding from well-known Angels and Institutional Investors.

Rao has been a part of several successful startups before founding DealShare. He began his career with Trilogy Software, which is based in Austin and is one of the fastest-growing corporate technology startups. Following that, he spent over a decade in Seattle at Microsoft, where he worked on database and enterprise cloud technologies as well as consumer and mobile products for a few years. He was a member of the team that launched Microsoft’s AI assistant, Cortana, in its first iteration.

Users can use DealShare to share offers with their friends and receive discounts if their friends buy the products through the share link. It’s a new retail concept in which buyers can purchase things at wholesale prices. The concept is around demand aggregation (C2B) of mass-market products via social virality, lowering operational expenses dramatically. Fruits and vegetables, grocery products, beauty & wellness, infant care, pet care, fashion accessories, technology, and home décor are just a few of the items in our product list.
The brand has created quite an impression by becoming one of India’s newest Unicorn members. Setting lofty aspirations, they plan to expand to 200 cities in 20 states, bringing 50 million additional clients with them.