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In the next three years, SaaS Unicorn LeadSquared plans to go public

"We plan to raise money in two or three additional rounds as we work to establish a $200 million company over the next three to four years...We will consider an IPO as well if we have the line of sight for $200 million, according to co-founder and COO Prashant Singh.

August 26, 2022 9:00 IST | India Infoline News Service

LeadSquared, a platform for sales and marketing automation that recently joined the unicorn club, wants to go public in the next three to four years while also expecting to generate $200 million in revenue during that time.

Privately held startups valued at $1 billion or more are known as unicorns.

In the next three to four years, we plan to establish a $200 million firm, and I believe there will be another two to three rounds of investment. Speaking during a conference hosted by Exfinity Ventures, co-founder and chief operating officer Prashant Singh stated, "When we have the line of sight for $200 million, we will consider an IPO as well."

The company, which has offices in Silicon Valley and Bengaluru, was founded in 2011 by Nilesh Patel, Singh, and Sudhakar Gorti. It offers among other things assistance to businesses with lead management and analytics. Over 1,000 companies use LeadSquared's platform, including Byju's, Dunzo, Kotak Securities, Vedantu, Acko, and Practo.

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