Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others

Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others

Delhi-based mobile marketplace for crowdsource work, SquadRun has raised an undisclosed amount of seed funding from a group of investors including Amit Ranjan of Slideshare, Deepinder Goyal, founder of Zomato, Zishaan Hayath, founder of Toppr and Girish Khera, co­founder at Scientific Animations.

Angels from Powai Lake Ventures also participated in this round funding.

SquadRun works on the principle that everyone has a certain amount of spare or “down” time every day ­­ time spent travelling, waiting, or otherwise unengaged. This time has value for both users and businesses if they have a platform to appropriately engage it. It is a ‘​gamified’ puzzle app that allows users to make money by completing simple tasks on their phone. On the other side, it allows businesses and brands to outsource work effectively.

A few use cases that SquadRun’s mobile army is being used for ­ Data moderation, tagging, categorization, comparision, etc.

Related: This Startup Is Creating A Global Army Of Mobile Workers

“We mainly compete with in­house teams and BPOs but our high quality distributed workforce, strong algorithms and workflows enables us to be much cheaper, faster, flexible, and better quality!”, says Kanika, the cofounder of Squadrun.

Launched just 6 months back, SquadRun has already worked with over 7000 users and 35+ diverse businesses. The raised funds will go in product development and expanding team.

“Crowdsourcing can efficiently solve several problems for businesses. As an example ­ an e­commerce marketplace uses SquadRun’s army for curation of content uploaded by sellers, moderation of user generated product reviews, audit of their customer support conversations, User Experience testing of their product features, generation of relevant tags for products to improve search relevance, etc.” ­ Apurv Agrawal, founder and CEO, SquadRun.

The startup was accelerated by 91springboard which also advised them in the fundraise.

SquadRun was founded by Apurv Agrawal along with Kanika Jain and Vikas Gulati.

Related: 2014 In Review: The Top Indian Mobile Apps To Watch In 2015 That Launched This Year

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others-Inc42 Media
Exclusive: SquadRun Completes Its Task Of Raising Funds From Amit Ranjan, Deepinder Goyal, Zishaan Hayath & Others-Inc42 Media
You’re in Good company