SaaS startup UserStudy raised $1 million in its pre-seed led by Better Capital

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SaaS startup UserStudy raised $1 million in its pre-seed led by Better Capital where Sparrow VC, Maninder Gulati, Good Capital, Gojek, Microsoft, Meta, Oyo, FlexiLoans and UpGrad also participated.

UserStudy is a complete research platform. UserStudy plans to use the new funds to expand its tech platform and hire new employees. It enables businesses to gain insights from their video and audio channels. These insights are later consolidated and saved in a single location. UserStudy also assists product teams (of tech companies) in recruiting qualified candidates by providing customised video and audio-based interviews and tests. According to a report, the Indian SaaS market will receive investments worth up to $4.5 billion in 2021, representing a 170% increase over 2020. Furthermore, the sector is expected to grow to a $30 billion market by 2025, accounting for 9% of the global SaaS market.

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SaaS startup UserStudy raised $1 million in its pre-seed led by Better Capital

SaaS startup UserStudy raised $1 million in its pre-seed led by Better Capital where Sparrow VC, Maninder Gulati, Good Capital, Gojek, Microsoft, Meta, Oyo, FlexiLoans and UpGrad also participated.

UserStudy is a complete research platform. UserStudy plans to use the new funds to expand its tech platform and hire new employees. It enables businesses to gain insights from their video and audio channels. These insights are later consolidated and saved in a single location. UserStudy also assists product teams (of tech companies) in recruiting qualified candidates by providing customised video and audio-based interviews and tests. According to a report, the Indian SaaS market will receive investments worth up to $4.5 billion in 2021, representing a 170% increase over 2020. Furthermore, the sector is expected to grow to a $30 billion market by 2025, accounting for 9% of the global SaaS market.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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