DealCart, a pioneering social e-commerce startup in Pakistan, has secured $3 million in seed funding.
- Company Overview: DealCart is dedicated to providing affordable essential products to underserved Pakistani communities through an interactive, gamified platform.
- Key Highlights: DealCart raised $3 million in seed funding, led by Shorooq Partners and Sturgeon Capital, with support from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners.
- Purpose: This funding will help DealCart expand across Pakistan, making essential goods affordable for low- and middle-income households.
- Strategic Approach: DealCart sources products directly from manufacturers, collaborates with local brands, and uses a gamified platform to engage consumers and offer low-cost essential goods through social commerce.
With this substantial seed funding, DealCart is well-positioned to revolutionize the shopping experience for many Pakistanis, making essential goods more accessible and affordable while bridging the gap in the country’s e-commerce sector.
