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New Deal


Announced

Completed

Tiger Global led a $240m investment in Gupshup.

Financials

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Transaction Value£173m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private Equity

Completed

Minority

United States

Online and Social Platforms

conversational messaging

Venture Capital

Acquisition

Private

Domestic

Synopsis

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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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