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Gupshup Raises $100 Million From Tiger Global To Accelerate Conversational Messaging

Apr 08, 2021over 4 years ago

Amount Raised

$100 Million

Mumbai

Description

Gupshup, the leader in conversational messaging, today announced it has raised $100 million in funding from Tiger Global Management, propelling the company’s valuation to $1.4 billion. This funding will be followed by a second close with significant additional funds raised from more investors, to be announced later. This latest round follows years of profitable growth, product innovation, and customer adoption that saw Gupshup emerge as the global leader in conversational messaging. Gupshup’s API enables over 100,000 developers and businesses to build messaging and conversational experiences delivering over 6 billion messages per month across 30+ messaging channels

Company Information

Company

Gupshup

Location

Mumbai, Maharashtra, India

About

”The company provides AI-powered voice bots on messaging apps, allowing customers to transact on these platforms using them. Gupshup will use its existing funds to explore acquisition opportunities to fill existing product gaps in its portfolio, and help it expand into adjacent spaces.

Funding Insights

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