Matrix Partners co-leads $11 mn investment in DealShare

Matrix Partners India has co-led with Falcon Edge Capital an $11 million investment round across seed and Series A rounds in social commerce startup DealShare. The round also saw participation from partners of DST Global, Omidyar Network, etc. DealShare focuses on grocery and home categories targeted at the middle and lower income clientele in Tier 2 and 3 cities.