Overview of GupShup
- GupShup is a leading conversational messaging platform used by thousands of large and small businesses in emerging markets to have conversational experiences acorss marketing, sales and support.
- Its API helps to enable over 1, 00, 000 developers and businesses and has the potential to deliver over 6 billion messages per month across 30+ messaging channels.
- The compnay has declared to use every investment to scale up its product delivery and go-to market initiatives worldwide to accelerate the transformation of business-to-consumer interaction with conversational experiences.
- The company exited the year 2020 with an annual revenue run rate of $150 million as per the compnay stats.
Funding in GupShup
- Gupshup has raised $100 million in latest round of funding from Tiger Global at a valuation of $1.4 billion.
- In their late stage venture funding of Series E, they raised $10M from Tenaya Capital, a venture capital firm investung in technology driven technologies.
- Leading the Series D funding to help this venture, Globespan Capital Partners along with Helion Venture Partners and CRV invested $12M in 2010.
- In Series C round of funding in 2008, GupShup managed to raise $11 million from two technology power based investors named Helion Venture Partners and CRV.
- Gaining a bit of momentum they raised Series B funding of $10M from Llyod George Management, HTSG and Cambrian Ventures in 2006.
- In their early stage round of Series A funding, they were backed by Cambrian Ventures with a funding of $1.1.M when they were recently launched in the market.
