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BUSINESS

SquadStack: $5 Million Raised, Initiated by Chiratae Ventures

Squadstack has accumulated $5 million in a round of Series A funding with the led support of Chiratae Ventures. Also volunteering in the round was investor Blume Ventures. Squadstack is a startup based in San Francisco and New Delhi. Funds gathered are for growth and scalability in product engineering alongside data science in the USA and India.

 In 2014, this startup was launched by Apurv Agarwal, Kanika Jain and Vikas Gulati, to facilitate consumer business across sectors such as real estate, finance, education, healthcare and retail.

The company supports markets in India and the USA, with the product offering being tailored market necessities.

“In today’s competitive business environment, organisations need a sales acceleration platform and analytics throughout the sales cycle. SquadStack is helping consumer companies across industries solve the principle challenge to turn prospects into customers faster and more profitably,” says Venkatesh Peddi, executive director at Chiratae Ventures. SquadVoice or the now called SquadIQ was initiated by Squadstack in 2018 as a sales acceleration platform in the Indian market, to support companies such as Zomato, Walmart Group, Times Group and more.

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