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Gaja Capital, an India focused private equity firm, let the $32m investment in LeadSquared, a marketing automation and sales execution platform, with participation from existing investors Stakeboat Capital and Silicon Valley-based entrepreneur Jyoti Bansal. “We’re definitely getting into new markets. We already have a presence in the US, but we also want to strengthen our position in India, to be a significant player with a double-digit market share. We’re also building a channel business, and will also selectively look at acquiring companies,” Nilesh Patel, LeadSquared CEO.