Press Release

Social E-Commerce company DealShare strengthens its leadership team with new appointments

  • Prashant Kumar will head the brand’s Public Policy, Government Relations, and Corporate Communications vertical
  • Rajesh Purohit joins the company as a Senior Vice President of Retail and will concentrate on helping to foster the business’ quick growth and operational success

DealShare, Bharat’s largest social e-commerce platform, today announced the appointment of Prashant Kumar as Senior Vice President of Government Relations, Public Policy and Corporate Communications and Rajesh Purohit as Senior Vice President of Retail. These appointments help the company expand in new directions and strengthen its position in the industry.

Commenting on the appointment Sourjyendu Medda – Founder & co-CEO – DealShare, expressed, “I am beyond excited to welcome Prashant and Rajesh to the team at a very opportune time to bolster our extensive leadership bench. Managing the appetite for risk and growth opportunities has become increasingly important. I look forward to what Prashant and Rajesh will bring to these incredibly important positions. With their vast experience and expertise, we are confident to evolve our operations and navigate an ever-evolving industry, which is key to our long-term success.”

Prashant Kumar joins the brand after extensive stints as a researcher and policy expert in India and globally with brands like ANI Technologies (Ola) and Ola Mobility Institute (OMI), building the latter from a small outfit to a recognised think tank and go-to institution on the mobility ecosystem. He has also been associated with think tanks like Observer Research Foundation, Aspen Institute India, and Rajiv Gandhi Institute for Contemporary Studies. Kumar was one of the youngest recipients of the Nikkei Asia Scholarship and worked as a Pilot for Kingfisher Airlines. Based in Delhi, Prashant will head the brand’s Public Policy, Government Relations, and Corporate Communications verticals.

Prashant said “DealShare is providing one of the most critical solutions in today’s economy. The inclusion of Bharat in the technological and digital revolution happening in India today, is going to be key in the country’s growth. The opportunity to lead the interface between the company and strategic stakeholders like the government, civil society and academia, as well as manage the company’s external engagement, is a challenge I look forward to taking up.”

Rajesh Purohit joins the brand as a Senior Vice President of Retail. His role will focus on contributing to the company’s rapid expansion and operational success while ensuring a better future for all the stakeholders by working closely with the leadership team. He has a strong track record of driving change and executing business turnarounds in sectors like Retail, Online & Wholesale. He has worked in various brands like Cadbury, Reliance Industries Ltd, Future Group, METRO Cash & Carry India Pvt Ltd, and Max Hypermarket (Spar Hypermarkets) Pvt Ltd in India and overseas.

“Growing businesses has been the focus of my entire career. I admire what the DealShare team has accomplished and believe in the brand’s future. As we increase the size of our retail footprint, I’m committed to making our growth initiatives a reality,” expressed Purohit.

About DealShare:

DealShare is a leading social ecommerce unicorn, disrupting the grocery e-retail segment in India. Currently headquartered in Bangalore, the brand has not only redefined online grocery shopping for the mass consumers of Bharat, by providing them access to quality products at optimal price points; they have also given wings to the dreams of over 1,000+ MSMEs (DealShare Dost) and 1000+ indigenous brands by offering them a platform to flourish and scale. Present across 120 + towns across 8 states, DealShare caters to a million customers monthly, fulfilling 4 lakh orders per day. Currently DealShare has a strength of close to 1,500 direct employees and 3,000 indirect employees.

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