infotechlead
infotechlead

Gupshup raised $100 million from Tiger Global

Gupshup, a conversational messaging company, has raised $100 million in funding from Tiger Global Management.
Gupshup founderGupshup will be raising more funds later.

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.

Gupshup said it will use this investment to scale product and go-to-market initiatives worldwide in order to accelerate the transformation of business-to-consumer interactions with conversational experiences delivered over messaging channels.

Gupshup’s last funding round was in 2011. Gupshup grew rapidly over the last few years, exiting 2020 with annual revenue run rate of approximately 150 million dollars.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

M&A deals: Osmose, Level, Moving Traffic Media, Spun M?dia, Ondas, Digitalab

Today’s M&A deals include announcements on Osmose, Level, Moving Traffic...

M&A deals: Searchlight Cyber, Bajijay Group, Morgan Stanely, Clayton, EquityZen

Today’s M&A deals include announcements on Searchlight Cyber, Banijay Group, Haven Capital...

M&A deals: Next Glass, Ekos, Guidewire, Edmentum, OpenSpace, PartnerOne

Today’s M&A deals include announcements on Next Glass, Ekos, Guidewire,...

M&A deals: 3H Compliance, Social Assurance, Abingdon, LotusPetal AI, Aderant

Today’s M&A deals include announcements on 3H Compliance, Social Assurance, Abingdon Software, ...