Announced
Completed
Financials
Sources
Tags
Friendly
Private Equity
Completed
Minority
United States
Online and Social Platforms
conversational messaging
Venture Capital
Acquisition
Private
Domestic
Synopsis
Tiger Global ,an investment firm, led a $240m investment in Gupshup, a developer of a smart messaging platform intended to build conversational experiences. Additional investors include Fidelity Management and Research Company, Think Investments, Malabar Investments, Harbor Spring Capital, Neuberger Berman, White Oak and Neeraj Arora. “We see substantial growth in India’s digital economy. Gupshup’s platform is an essential tool for businesses building a digital footprint. We’re excited to partner with Gupshup, given its market-leading position, innovation-led growth and attractive financial profile," Shashin Shah, Think Investments Managing Principal.
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