your password has been reset successfully, Please login again.

$1.4 Billion Raised by the Cloud-Based Company, SurveySparrow in a Seed-Funding Round

The startup company has its base offices in US and Kochi and has carried out 20,000 surveys until now
BY BEx Bureau
BusinessEx
Apr 03, 2019

SurveySparrow, a cloud-based firm, has raised $1.4 million in the seed funding round. The amount has been raised from Prime Venture Partners, an Indian venture capital company.

SurveySparrow is originally a cloud-based customer-centric company which permits users to form and share customized surveys. The startup company has its base offices in US and Kochi and has carried out 20,000 surveys till now. It is operating in 108 countries and has plus 8000 customers, including FedEx, Deloitte, Siemens, PaySafe and SAP, Shihab Muhammed, Co-founder of SurveySparrow, said.

We will use the fresh funds for product development and hope to clock more than 20,000 customers by the end of 2019, Muhammed told the Indian daily news, The Economic Times.

The founders of SurveySparrow reckon that customer experience is important as per the global opportunity. Currently, the valuation of the global market survey is $4.065 billion and is anticipated to rise at a CAGR of 11.25 per cent, reaching $6.929 billion by the end of 2022, said the company.

The startup plans to take on its competitors moving surveys away from antiquated forms to conversations. We will hire extensively across engineering, product development, marketing and inside sales in the coming months, Muhammed told to the Indian daily news, The Economic Times.

Please add your Comment
SIMILAR News
April 22, 2020
In unfavourable conditions, Indian companies are taking panicked decisions and opting for bridge rou ...More
By Jaspreet Kaur
April 04, 2020
Aavishkaar has wholly exited from Sara Plast, which is a portable sanitation services company ...More
By Jaspreet Kaur
March 10, 2020
The startup essentially concentrates on hosting online events; its funding round was led by Accel In ...More
By Jaspreet Kaur
March 07, 2020
Singularity Automation is concentrated on firms working in the shared accommodation industry to hand ...More
By Jaspreet Kaur
February 28, 2020
MinionLabs essentially gives real-time understanding of energy consumption in electric appliances ...More
By Jaspreet Kaur
February 28, 2020
ONGC and HPCL are acquiring a new share for INR 371 crore, which they did not own previously ...More
By Jaspreet Kaur
February 18, 2020
JSW Energy has got into a share procurement concord with GMR Energy Ltd to buy 100 per cent share in ...More
By Jaspreet Kaur
February 17, 2020
The Bengaluru-based company, NestAway Technologies Pvt. Ltd has bought apartment management and sec ...More
By Jaspreet Kaur
February 01, 2020
As per the agreement, Indiabulls will offer its share to t Embassy's stakeholders considering a swap ...More
By Jaspreet Kaur
January 27, 2020
As per the concord, the Germany-based company will buy nearly 99 per cent of the equity share capita ...More
By Jaspreet Kaur
January 25, 2020
The Noida-based payment solutions firm, Pine Labs Pvt. Ltd has secured undisclosed funding from the ...More
By Jaspreet Kaur
January 24, 2020
Jaipuria Group-backed PepsiCo bottler has lately invested INR 10 crore in pre-Series A funding round ...More
By Jaspreet Kaur