Software company SquadRun increases $2.1 million

New Delhi: Company Icas Network Software maker SquadRun Inc has raised $2.1 million from investors, Blume Ventures that participated in the investment round started on Wednesday. The corporation makes Squad, a workflow automation platform.

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Contrarian Capital, 91springboard, Emergent Ventures, Summary Ventures, Anthill Ventures and Axilor Ventures also participated in the round, apart from a few impartial angel buyers.

SquadRun makes use of synthetic intelligence and its very own group of workers of impartial contractors to manipulate records-extensive operations for businesses.



The company will use fresh finances to spend money on era, product, and records technology functions, and extend its sale group in the US.

The squad is used normally with the aid of virtual trade corporations like Uber Inc, Flipkart Institution, beauty merchandise stores Sephora, Tata Organization, Rocket Internet Organization and US-based apparel e-tailer Teespring.

The platform, offered as a Saas-based totally (Software program as a provider) product, supplies dispensed group of workers and automation for various processes. For example, Squad is used by e-commerce clients to curate products on their platform, whilst a monetary provider firm may use it to validate and set up information from paperwork.

The squad has settlement people who’re paid for completing easy duties (that are damaged down from the larger commercial enterprise procedure) like tagging pics, giving comments on apps, categorizing products or even calling eating places to acquire facts.

A volunteer consumer on Squad, which completes these obligations on his or her smartphone, is paid in SquadCoins that can be converted to coins in PayU or Paytm wallet or transferred to the bank account. The organization claims to have on-boarded 75,000 customers (team of workers) across India, Philippines, Malaysia, Uganda, and Kenya.

Some of the other use cases of Squad are content material moderation, records tagging, categorization, crowd-sourced content, consumer revel in testing, surveys and sentiment evaluation.

“We’re excited by way of the disruption Squad is bringing to the outsourcing enterprise with its distributed personnel version. Their AI-powered digital platform that can control client workflows at large scale will help global services companies enhance responsiveness and bring down expenses,” S.D. Shibulal, co-founder Axilor Ventures said in an announcement.

SquadRun turned into started in June 2014 via Apurv Agrawal, Kanika Jain, and Vikas Gulati. Agrawal is a member of the founding crew of 91springboard, a start-up that operates shared workplace spaces, even as Jain used to paintings as a hub supervisor. Gulati becomes earlier a Software engineer with Josh era Group.


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Amanda R. Dubose

Spent high school summers getting to know dogmas in Minneapolis, MN. Spent several years merchandising walnuts worldwide. My current pet project is researching Slinkies in Jacksonville, FL. Spoke at an international conference about testing the market for action figures in Hanford, CA. Spent the better part of the 90's lecturing about cellos in Orlando, FL. Spent 2001-2007 building sausage in Naples, FL. Tv fanatic. Internetaholic. Travel expert. Incurable zombie nerd. Coffee advocate. Hardcore web trailblazer. Gamer.