VC Fund Investments
Talent marketplace for sales SquadStack raises Rs.140-Cr from Bertelsmann, Chiratae, Blume
Delhi-based SquadStack, a SaaS-enabled talent marketplace for sales, has raised INR 140 crore in a Series B round led by Bertelsmann India Investments. Existing investors Chiratae Ventures and Blume Ventures also participated in the round. The funds will be used to hire talent to bolster its team for expansion, besides increasing its base of sales experts and further expanding into new verticals. SquadStack was established in 2017 to provide access to skilled work for anyone, anywhere. The startup deploys a combination of data science, artificial intelligence (AI), and a decentralised network of sales experts to help consumer businesses scale with better conversions.
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