Messaging platform Gupshup enters unicorn club with $100m funding
A woman holds an iPhone in her hands. Photo: Priscilla Du Preez
April 8, 2021
Gupshup on Thursday said it had raised $100 million from investment firm Tiger Global Management, valuing the messaging services provider at $1.4 billion.
The company, which had its last funding round about a decade ago, said it saw greater investor demand than anticipated and would raise additional funds as it looks to scale up its existing product portfolio.
“This funding allows us to scale our product and sales efforts that will make it a more attractive company to public market investors,” Chief Executive Officer Beerud Sheth said, adding that the funding “accelerates” the company’s ability to go public.
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Messaging platform Gupshup joins unicorn club after US$100 million funding
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