LeadSquared Raises $32M in Series B Funding – FinSMEs

LeadSquared, a San Francisco, CA-based sales automation SaaS platform, raised $32m in Series B funding. The round was led by Gaja Capital, also including Stakeboat Capital and Jyoti Bansal, investor and former CEO and chairman of AppDynamics. The company intends to use the funds for talent acquisition and continued expansion and product innovation in industries beyond education, financial services, and healthcare. The company now serves more than 1,000 customers representing high-growth markets including edtech, higher education, financial services, healthcare, tech marketplaces and more. The client’s list includes LeadSquared – OLX, Frubana, Unitek Learning, Pepper Financial Services Group, the edtech giant BYJUs, being a few.