SaaS platform LeadSquared raises $153 million, becomes the latest unicorn in India

Oluwajuwonlo Afolabi -

LeadSquared, a software-as-a-service (SaaS) platform based in India has raised $153 million in its Series C funding round from WestBridge Capital, at a $1 billion valuation, making it the latest unicorn in India.

  • The fund will be used for growth investments in India and North America and building out in the Asia Pacific and Europe, the Middle East, and Africa (EMEA).
  • LeadSquared is a SaaS platform helping organizations drive scalable sales efficiencies globally.  
  • The firm has over 2,000 customers across edtech, higher education, financial services, healthcare, marketplace, and others.
  • It last raised $32 million in its Gaja Capital-led round in 2020.