Ashish Shah, formerly the Senior Vice President of Finance at Zepto, has been appointed as the Chief Financial Officer (CFO) of DealShare. Shah’s transition comes at a critical juncture for DealShare, a social-commerce company specializing in grocery sales, which is currently navigating through a significant restructuring phase. Shah, who played a key role in establishing Zepto’s finance operations since joining in June 2021, left Zepto in December 2023 amidst several organizational changes.
Shah’s appointment is part of a broader strategy to strengthen DealShare’s executive team and focus gradual growth. His extensive experience in e-commerce and FMCG, with previous roles at Essar, Amazon, Marico, and PepsiCo, positions him well to navigate the financial complexities and drive the company’s turnaround efforts. Shah joins DealShare amidst a $665 million funding round, adding to the high expectations for his role in stabilizing and scaling the company’s operations.
Ashish Shah’s experience and strategic acumen will be crucial for DealShare as it seeks to recover from its recent setbacks and position itself for future growth. His role as CFO will involve overseeing the company’s financial health, implementing cost-saving measures, and driving sustainable growth strategies. DealShare’s ability to navigate its current challenges and leverage Shah’s expertise will be key to its long-term success in the competitive social-commerce market.