Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 15 2018

LambdaTest receives $1 mn funding from Leo Capital in Pre-Series A Round

With this round of funding, Leo Capital becomes a significant minority stakeholder in LambdaTest.

LambdaTest, a cloud-based testing platform, has received a Pre-Series A funding of $1 million from Leo Capital, a venture capital firm. Earlier this year, the company raised angel investment of 400K USD from investors like Ramakant Sharma (Co-founder LivSpace), Lovleen Bhatia (Co-founder Edureka), Kapil Tyagi (Co-founder Edureka), and few angels from the United States. 

With this round of funding, Leo Capital becomes a significant minority stakeholder in LambdaTest.

Asad Khan, Founder of LambdaTest, said, "We're glad with our partnership with Leo Capital and our other investors. This round of funding showcases the confidence that the industry has in us and this will support us to improve our existing products. The investment is also important in order for us to meet the growing demand for new and better products by our present and future customers. Our mission from the start has been to make seamless and easy to use testing platform for web developers, testers and others and this update only validates our efforts."

Rajul Garg, Managing Partner for Leo Capital India Advisors LLP, said, "We believe LambdaTest is poised to be a significant new challenger in this exciting and ever-changing market of cloud testing."

LambdaTest's technology offers cross-browser testing on more than 2000 browsers, OS and resolution combinations.

Comment
image
Related opportunities
  • Payment Solution services
    About Us: Mswipe Technologies Private Limited is engaged in the business..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size
    Space required -NA-
    Franchise Outlets Less than 10
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • Casual dine Restaurants
    About:The first Kenny Rogers restaurant was opened in coral spring,..
    Locations looking for expansion New Delhi
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 1200 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Other Vocational Training
    About Us: Start your own business in education sector with Just Design..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1500 - 2500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gautam Buddha Nagar Uttar Pardesh
  • Others Food Service
    About Us : Homely Cafe & Restaurant plating European-style dishes as..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities