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GUPSHUP VALUATION
Rupee slide boosts IT; Gupshup’s valuation markdownThe rupee’s sharp slide could give IT firms a surprise Q4 bump. This and more in today’s ETtech Top 5.- Fidelity marks down conversational AI platform Gupshup's valuation by 80% to $278 millionGupshup was valued at $1.4 billion when Fidelity first invested in the company back in 2021 through a secondary transaction. The asset mana...
- PayPal CEO interview; Infosys Q1 reportIn an exclusive interaction, PayPal CEO Alex Chriss stressed the need for interoperability between country-specific digital wallet systems....
- Gupshup raises $60 million from Globespan, EvolutionX; explores domicile shift for India IPOGupshup secured $60 million in funding from Globespan Capital Partners and EvolutionX Debt Capital to enhance its AI-driven messaging platf...
- Baron Capital marks up Swiggy, Pine Labs valuation; almost halves Byju’s valueIn its April-June quarterly report, Baron Capital cut the valuation of Byju’s to $11.7 billion as of June 30, down 44.6% from $21.2 billion...
- Fidelity halves Gupshup’s valuation to roughly $697 millionFidelity Blue Chip Growth Fund’s stake in the San Francisco-headquartered startup was valued at nearly $11.09 million as of April 30, 2023,...
- Fidelity cuts Gupshup’s valuation by 37% to $876 millionSaaS firm was valued $1.4 billion in 2021
- Messaging platform Gupshup acquires Knowlarity CommunicationsThis is the second acquisition by Gupshup in the last four months following the acquisition of Dotgo, a rich communications services (RCS) ...
- Gupshup acquires New Jersey-based Dotgo to strengthen platform, enter new marketsDotgo will strengthen Gupshup's conversational messaging platform, which helps businesses and developers build customer experiences, the co...
- ETtech Deals Digest: Gupshup, Droom raise funds this weekConversational messaging startup Gupshup and social media platform Sharechat were among the startups that raised funds this week.
- Droom is a unicornFrom Droom becoming an unicorn to Twitter getting an ultimatum on IT rules and Big Tech earnings recap, here's a quick look at the top tech...
- IPO-bound Gupshup expands its top deckSudesh Vasudevan joins as VP of corporate development, strategy and investor relations.
- Gupshup launches one-click bill-pay service1-click Bill-Pay leverages artificial intelligence to automatically embed a payment link or button within the bill-pay message, allowing cu...
- 4 days, 6 unicorns, $1.55 billion — A week like none other for Indian startupsTwelve unicorns were born in 2020, the highest ever for a year in India. 2021 has already seen the birth of 10 startup unicorns in India, i...
- ETtech Deals Digest: Swiggy, ShareChat raise funds this weekStartups raised bigger rounds this week
- The opposite of doomscrollingIn today's ETtech Morning Dispatch newsletter: Kids' shows cast a spell on thousands of adult viewers, ShareChat and GupShup join India's u...
- Gupshup lands $100 million from Tiger Global, valuation hits $1.4 billionGupshup plans to use the new capital to scale its product suite and go-to-market initiatives across the world.
- ShareChat meets Sher KhanFrom Sharechat and Gupshup becoming India's latest startup unicorns, to Amazon touting its job creation milestone in India, here's a quick ...
- Private equity funds like Warburg Pincus, etc sitting on $20 billion uninvested cash as opportunities dry upHigh valuations are proving to be a challenge for private equity players. The latest deal to hit a roadblock is Warburg Pincus' proposed 15...
- Mobile social network 'SMS GupShup' valued at Rs 1,000 cr on venture capital fundingsThis is the fifth round of funding for the Mumbai-based group messaging provider and underlines the rising valuations for start-ups that us...
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