.
MergerLinks Header Logo

Announced

Completed

Tiger Global led a $100m funding round in Gupshup.

Financials

Edit Data
Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Completed

Friendly

United States

Acquisition

Private

Online and Social Platforms

conversational messaging

Venture Capital

Domestic

Private Equity

Synopsis

Edit

Tiger Global, a private equity firm, led a $100m funding round in Gupshup, a chat bot building platform. This funding will be followed by a second close with significant additional funds raised from more investors, to be announced later. “The growth in business use of messaging and conversational experiences, transforming virtually every customer touchpoint, is an exciting secular trend. Gupshup is uniquely positioned to win in this market with a differentiated product, a clear and sustainable moat, and an experienced team with a proven track record. In addition to its market leadership, Gupshup’s unique combination of scale, growth and profitability attracted us,” John Curtius, Tiger Global Management Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US