Private Equity Fund Investments

CRM software firm Leadsquared raise funding from IFC

Outlook India  

Bengaluru-based CRM software company Leadsquared has raised funding from International Finance Corporation (IFC). With this investment, the company expects to expand its business including through its recent foray into North America and is looking at a revenue of USD 200 million in the next five years.

From the Venture Intelligence PE-VC Deal Database: Between May-2019 and Dec-2020, Leadsquared had raised over USD 34 million from Gaja Capital and Stakeboat Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.) US-based Jyoti Bansal (founder of AppDynamics) is an angel investor in the company.

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