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Indian SaaS unicorn LeadSquared reports $19m loss in FY24

LeadSquared, an Amazon-backed SaaS startup, reported a net loss of 162.24 crore rupees (US$19 million) forFY24, a slight increase of 0.73% from the previous year’s loss of 161.06 crore rupees (US$18.9 million).

The company’s operating revenue rise by 9.12% to 279.29 crore rupees (US$32.8 million), up from 255.93 crore rupees (US$30 million) in FY23.

Total revenue, including other income of 45.9 crore rupees (US$5.4 million), rose by 9.77% year-on-year to 325.2 crore rupees (US$38.1 million).

Recent LeadSquared developments

Timeline
21-Jun-2022 🚀 Indian SaaS firm turns unicorn with $153m series C funding
  • LeadSquared becomes a unicorn with $153M funding
  • Plans to expand globally and double workforce soon
17-Dec-2020 📈 Indian sales automation startup LeadSquared secures $32m in series B round
  • LeadSquared raises $32M in Series B funding.
  • Funds to support global expansion and product innovation.
10-Mar-2016 🚀 Fantastic 14: Indian startups poised for a breakout
  • 14 promising Indian startups showcased.
  • Many have secured funding and user growth.
04-Mar-2016 ☁️ Why Google and Accel see hyper growth for Indian SaaS startups
  • Indian SaaS market to reach $10B by 2025.
  • SMBs worldwide drive demand for cloud solutions.
06-Nov-2015 🚀 The key to this marketing startup? Getting personal
  • Nilesh Patel shares daily routine as CEO.
  • LeadSquared aims for major growth despite challenges.

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