India’s new unicorn LeadSquared raises $153 mn from WestBridge Capital

Sales automation software-as-a-service (SaaS) platform LeadSquared on Tuesday announced it has raised $153 million in a Series C funding round from WestBridge Capital to become a new unicorn (valuation of $1 billion and above) in the country.

India is now home to more than 100 unicorns and these have raised over $100 billion in funding to date.

LeadSquared previously raised $32 million led by Gaja Capital in 2020, and $3 million during its Series A led by Stakeboat Capital in 2019.

Founded by Nilesh Patel, Prashant Singh and Sudhakar Gorti in 2011, LeadSquared has built a global customer relationship management (CRM) platform.