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INVESTORS IN GUPSHUP
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...
- Gupshup appoints former Awfis executive Ravi Dugar as CFORavi Dugar has joined Gupshup as chief financial officer, bringing nearly two decades of experience in financial leadership across high-gro...
- IdeaForge, Sedemac and more: With 2 more listings in pipeline, how IIT Bombay is churning out IPO multibaggersIIT Bombay's entrepreneurship arm, SINE, is witnessing significant wealth creation as its incubated startups, like ideaForge and Sedemac Me...
- 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...
- Conversational AI platform Gupshup lays off 300 employeesIn a written statement shared with ET, Gupshup said the reduction in headcount follows its rapid scale-up to 1,500 employees since 2021, dr...
- 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
- Gupshup brings on board Krishna Tammana as CTO“Our strong growth has been built on the foundation of heavy investment in product and engineering," said Beerud Sheth, co-founder and CEO,...
- Gupshup acquires omnichannel customer service platform OneDirectThe acquisition will help strengthen the company’s offerings in the contact centre space, Gupshup CEO Beerud Sheth said.
- Gupshup acquires conversational AI platform AskSidAs per a recent report by McKinsey, ecommerce could grow up to 5x faster compared to pre-pandemic times.
- Conversational messaging platform Gupshup acquires Active.Ai in all-cash dealThe acquisition is expected to help Gupshup – which offers conversational messaging services to businesses - strengthen its customer experi...
- Gupshup acquires AI platform Active.AiActive.Ai has enabled more than 300 million user interactions via voice, video and messaging, managed over 30 million service requests and ...
- Gupshup acquires conversational AI platform Active.AiHeadquartered in Singapore, Active.Ai serves banking, financial services and insurance (BFSI) customers across 43 countries with conversati...
- 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) ...
- 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.
- IPO-bound Gupshup expands its top deckSudesh Vasudevan joins as VP of corporate development, strategy and investor relations.
- 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.
- How Indian mobile users helped group SMS provider GupShup to shape its successFounding team raised $10 mn from angel investors to develop an offline web browser for laptops and mobile devices but it didn’t take off.
- 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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