SaaS startup SquadStack raised $17.5 million in Series B led by Bertelsmann India Investments

SaaS enabled talent marketplace SquadStack raised $17.5 million in Series B led by Bertelsmann India Investments where existing investors Chiratae Ventures and Blume Ventures also participated.

SquadStack began its journey to provide skilled work to anyone, anywhere. It collaborates with existing sales talent and housewives, allowing them to work from anywhere using a smartphone. It will use the new funds to hire top talent to strengthen its team in preparation for future growth. It also intends to expand its sales expert base and enter new markets. In the coming months, it intends to expand to Chennai, Hyderabad, and Pune.