DealsandYou.com, the daily deals website of Smile Group has appointed Alok Jain as its Chief Marketing Officer. An entrepreneur at the core, Jain has founded startups including mobile apps company Unyqe, digital marketing solutions company ThinkNet and the now-defunct online digital photo printing company Photmasti. He has also worked at GE Capital as territory manager.

In June 2012, DealsandYou hired Ryan Valles as its new CEO after the co-founder and CEO Gaurav Kachru quit the company.

The deal site raised $17 million in its second round of funding from Mayfield Fund and Norwest Venture Partners, Nokia Growth Partners and Intel Capital, in 2011.

Formed in 2010, the daily deal website was formed by Germany-based Group Buying Global AG and Smile Interactive Group after they acquired Gurgaon-based Wanamo Marketing Pvt Ltd that ran Wanamo.com. The website was then re-branded and launched in August 2010 as Dealsandyou.com. The company raised $1.5 million from Group Buying Global AG.