Deals Calling

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Wasn’t there one time when you desired to pamper yourself and the various rejuvenating Spa and Massage treatments looked so tempting until you glanced at their exorbitant price or maybe you wanted that perfect hairstyle that your favorite celebrity had but without burning a hole in your pocket…

Well, all this can be definitely possible now!

In fact you can find all these deals and more at affordable rates and that too at just a click away from you. Dealsandyou brings the best deals in the market all on one platform for their consumers. It is India’s one of the largest group buying portal that features every kind of deal, be it the stuff to do, see, eat, travel and buy, covering almost the whole India and hyper local deals in the top metro cities.

D&U is a venture between the Group Buying Global AG & the Smile Group (Harish Bahl, Gaurav Kachru & Tarun Sobhani). It acquired online portal www.wanamo.com(Founder: Abhishek Shah) in June 2010 to enter the Indian marketplace. They added Abhishek Shah as Co-Founder & went live with the new brand in Aug 2010. D&U received $17M in Series B funding and $1.5M in Series A funding.

According to Business Standard It has raised approx Rs 84crores in a funding round led by Mayfield Fund and Norwest Venture Partners, along with Nokia Growth Partners and Intel Capital. Gaurav Kachru, co-founder and CEO of Deals and You said “The company intends to use the funding to invest in areas of technology, for infrastructure development, hiring and branding.

Within a span of a few months, the site has been recognized as “one of the 20 hottest start up ecommerce sites” by Data Quest magazine, with a new member joining every ten seconds. It is valued at Rs. 422crores right now and has become the fastest growing & top 5 online retail businesses in the country. In terms of revenue, it crossed Rs 100crore mark in less than a year, thus leading as the fastest growing e-commerce company. With the splurge in online shopping they intend to launch more businesses which are in the value chain in e-commerce. Also the group’s sister sites have been doing equally well, namely the private sales site Fashionandyou.com and relatively new venture BeStylish.com, an online shop targeting the footwear segment.

All in all, if one wants to shop, eat, hang out and pamper one’s self, this site is a wonderful junction to stop by!

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