{"id":5163,"date":"2024-07-30T15:10:41","date_gmt":"2024-07-30T07:10:41","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5163"},"modified":"2024-07-30T15:10:42","modified_gmt":"2024-07-30T07:10:42","slug":"daily-markup-1026-dealcart-bags-us3m-to-help-households-in-pakistan-rise-up-against-inflation-with-access-to-affordable-groceries","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5163","title":{"rendered":"Daily Markup #1026: DealCart bags US$3M to help households in Pakistan rise up against inflation with access to affordable groceries"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcVsW7U5Q7oeGmuK0_blTReEtjveKgzMUiCFQNNQkFeLmwLaQ3Qf8weAP95WSCPIfel-IopO0YPQP1nBQq8OXGN96_mR1fgotP2G9lHX1lHN2qXxseHKaAMaEwxiDMje8EDzpwSg3-HLsMjZJYbX-QAmkyk?key=nrOJqHSbh86tLUibjV0YLQ\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: DealCart<\/figcaption><\/figure>\n\n\n\n<p><strong>Sealing the deal<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Grocery shopping in Pakistan can be expensive. Amid record inflation and a fragmented retail industry, groceries alone can take up 45-55% of a household\u2019s expenses, making daily essentials unaffordable.<\/li>\n\n\n\n<li>Social e-commerce startup <a href=\"https:\/\/dealcart.io\/\">DealCart<\/a> raised US$3 million Seed funding to deal with this.\u00a0<\/li>\n\n\n\n<li>The platform offers both \u2018group-buying\u2019 and \u2018individual purchase\u2019 options to meet the different preferences and budgets of their customers.\u00a0<\/li>\n\n\n\n<li>To keep daily essential goods affordable, DealCart also avoids high cost approaches, such as the quick commerce model which promises 30-minute or 1-hour deliveries.<\/li>\n\n\n\n<li>Co-founder <a href=\"https:\/\/www.linkedin.com\/in\/ammarnaveed\/\">Ammar Naveed<\/a> shared that DealCart introduced its private labeled products to offer better margins that can be passed on to customers.\u00a0<\/li>\n\n\n\n<li>The fresh funds will go towards enhancing product development and expanding the team. It will also be used to develop their physical and tech infrastructure to support scaling its business, as well as increase brand awareness and promote the company\u2019s private label products.<\/li>\n\n\n\n<li>Ammar also proudly shared that DealCart ranks as the highest-rated shopping application in Pakistan.<\/li>\n\n\n\n<li>Congratulations to the DealCart team!<\/li>\n\n\n\n<li>Read the full story <a href=\"https:\/\/bit.ly\/4bxHI0P\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Sealing the deal<\/p>\n","protected":false},"author":5,"featured_media":5164,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[539],"class_list":["post-5163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-dealcart"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1026: DealCart bags US$3M to help households in Pakistan rise up against inflation with access to affordable groceries - 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