When was DealCart founded?

DealCart was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is DealCart located?

DealCart is headquartered in Karachi, Pakistan.

How many employees does DealCart have?

As of Jul 31, 2026, the latest employee count at DealCart is 80.

Is DealCart a funded company?

DealCart is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 28, 2022.

When was the latest funding round of DealCart?

DealCart's latest funding was a $***** Seed round on Jul 04, 2024, with participation from 6 investors.

Where does DealCart rank among its competitors?

DealCart ranks 4th amongst 70 active competitors, of which 23 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was DealCart, which secured $3M in Jul, 2024.

Who are the top competitors of DealCart?

DealCart's top competitors include Pinduoduo, Qoo10 and Facily. Among them, DealCart secured the most recent funding round in July, 2024.

DealCart - 2026 Company Profile, Team, Funding & Competitors

DealCart is a seed company based in Karachi (Pakistan), founded in 2022 by Ammar Naveed and Haider Raza. It operates as an Online retailer of discounted groceries, beauty, fashion and household essentials. DealCart has raised $7.5M in funding from Shorooq Partners and Sturgeon Capital. The company has 70 active competitors, including 23 funded and 5 that have exited. Its top competitors include companies like Pinduoduo, Qoo10 and Facily.

Company Details

Online retailer of discounted groceries, beauty, fashion and household essentials. The platform offers everyday consumer products through a mobile app and website, focusing on affordable pricing for middle and lower-income shoppers. Customers can buy groceries, personal care items, clothing, accessories, and mobile add-ons with home delivery and app-based order tracking. The service uses social and group buying features to source from manufacturers and provide lower prices on essential goods.

Website: dealcart.io
Social
Email ID: *****@dealcart.io
Phone Number: +92 **********

Key Metrics

Founded Year

2022

Location

Karachi, Pakistan

Stage

Seed

Total Funding

$7.5M in 2 rounds

Latest Funding Round

Seed, Jul 04, 2024, $*****

Investors

Shorooq Partners & 14 more

Ranked

4^th among 70 active competitors

Employee Count

80 as on Jul 31, 2026

Similar Companies

Pinduoduo & 129 more

View DealCart's full profile

DealCart has raised a total funding of $7.5M over 2 rounds. Its first funding round was on Jul 28, 2022. Its latest funding round was a Seed round on Jul 04, 2024 for $*****. 6 investors participated in its latest round. DealCart has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of DealCart:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 04, 2024	4761552	Seed	3892319	8979975	9125770	6336550
Jul 28, 2022	3038519	Seed	6255065	9996223	Shorooq Partners	Fatima Gobi Ventures & 6 more

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View details of DealCart's funding rounds and investors

The founders of DealCart are Ammar Naveed and Haider Raza.

Here are the details of DealCart's key team members:

Ammar Naveed: Co-Founder of DealCart. They are also an angel investor in 1 startup.
Haider Raza: Co-Founder of DealCart.

View details of DealCart's Founder profiles and Board Members

DealCart's employee count trend

DealCart has 80 employees as of Jul 26. Here is DealCart's employee count trend over the years:

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Top competitors of DealCart include Pinduoduo, Qoo10 and Facily. Here is the list of Top 10 competitors of DealCart, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pinduoduo 2015, Shanghai (China), Public	Innovative e-commerce platform connecting consumers with a wide range of products	$3.22B	Banyan, Tencent & 16 others	69/100
2nd	Qoo10 2010, Singapore (Singapore), Acquired	Online marketplace offering multi-category consumer products	$102M	eBay, SPH Media & 13 others	64/100
3rd	Facily 2018, Sao Paulo Do Potengi (Brazil), Series D	App-based group-buying shopping platform for multi-category products	$501M	Glade Brook Capital, Prosus & 27 others	62/100
4th	DealCart 2022, Karachi (Pakistan), Seed	Online retailer of discounted groceries, beauty, fashion and household essentials	$7.5M	500 Global, Sturgeon Capital & 13 others	54/100
5th	KitaBeli 2020, Jakarta (Indonesia), Deadpooled	App-based group buying platform offering multi-category products	$30M	Glade Brook Capital, East Ventures & 7 others	54/100
6th	Mall91 2018, Noida (India), Series A	Provider of vernacular social commerce solutions with live video-based shopping	$8.66M	Go Ventures, Beenext & 12 others	52/100
7th	BuyEazzy 2021, Delhi (India), Series A	App-based group buying platform offering multi-category products	$5.59M	Incubate Fund India, Info Edge Ventures & 4 others	49/100
8th	GIST 2017, San Francisco (United States), Series A	App-based social platform for sharing purchases with friends	$1.95M	Accel, Kleiner Perkins & 3 others	44/100
9th	Tushop 2021, Nairobi (Kenya), Seed	Online group-buying platform offering groceries	$3M	4DX Ventures, Breyer Capital & 11 others	43/100
10th	Lashou 2010, Beijing (China), Acqui-Hired	Location based daily-deals & group buying portal	$165M	Taishan Angel, GSR Ventures & 7 others	42/100