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Dealsandyou.com is one of India’s top 10 e-commerce sites and it witnesses 1.3 million unique visitors per month. In June 2010, Germany-based Group Buying Global AG and the Smile Interactive Group acquired Gurgaon-based Wanamo Marketing Pvt Ltd that ran Wanamo.com. The site was then re-branded and launched in August 2010 as Dealsandyou.com and raised $1.5 million from Group Buying Global AG. Dealsandyou.com currently reaches 12 cities with local deals and also offers pan-India deals to users in more than 250 cities. The website has four million users and is adding 0.5 million members per month. Gaurav Kachru, CEO of Dealsandyou.com, said, “We have spent a lot of time and made a set of changes across the board, along with constant innovations, to build a sustainable model to scale up. Now, you will see those changes fructifying in the form of new products that we will roll out in the next few months.” He, however, declined to comment on the valuation.

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