The SaaS-enabled talent marketplace SquadStack raised $17.5 million in Series B funding from current partners Chiratae Ventures and Blume Ventures under the leadership of Bertelsmann India Investments.
SquadStack set out on its mission to make expert employment available to everyone, everywhere. It works with existing salespeople and housewives, enabling them to do business from any location using a smartphone. In order to strengthen its staff and position itself for future growth, it will use the new cash to acquire outstanding personnel. Additionally, it plans to penetrate new areas and increase the number of sales experts. It plans to grow in Chennai, Hyderabad, and Pune in the following months.