Jaipur and Bengaluru-based startup DealShare has raised $21 million in Series C funding led by WestBridge Capital. The round also saw participation from Alpha Wave Incubation – a venture fund managed by Falcon Edge Capital, Z3Partners, and existing investors Matrix Partners India and Omidyar Network India. Several independent investors too participated in this round of funding. DealShare said it will use the capital proceeds for the next phase of its growth, which will include expanding to newer geographies, penetrating deeper into current markets, scaling operations, expanding local sourcing networks, and strengthening its technology platform across business verticals.
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