India’s new
unicorn lead squared raises dollar 153 million from West Bridge capital
Lead Squared (Sales Automation Software as a Service)
platform raised dollar 153 million in Series C funding from West Bridge Capital
to become a new unicorn. India has more than 100 unicorns and have raised
dollar 100 billion till date. In 2020 squared raised dollar 32 million by Gaja
Capital and 3 dollar during its series A led by Stakeboat capital in 2019.
Lead Squared was founded by Nilesh Patel, Prashant Singh
and Sudhakar Gorti in 2011. Lead Squared has built customer relationship
management platform globally. With finance they double their growth investment
in India and North America and start building in APAC and EMEA, add new offerings
to their product portfolio, and fund acquisitions. They have the plan to double
their headcount in next 18 months for their growth. Lead Squared has more than 2,000 customers,
including high-growth organizations from EdTech, higher education, financial
services, healthcare, marketplaces, and others. Its focus on building an
easy-to-use platform that transforms sales processes through automation
delivering unparalleled efficiency, which has significant potential for growth
in the global market. West Bridge Capital manages approximately $8 billion of
capital across funds in India and Mauritius. Some of the product releases in the
past year from Lead Squared include sales performance analytics and a suite of
tools to digitize application processing.
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