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Gupshup becomes sixth unicorn this week, raises $100 mn from Tiger Global

Announcement came shortly after Mohalla Tech, parent firm of short video app Moj and Indic language social media platform ShareChat, said it had raised $502 mn, valuing it over $2.1 billion

Gupshup
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Gupshup’s last funding round was in 2011. It exited 2020 with annual revenue run rate of approximately $150 million.

Neha Alawadhi New Delhi
Its raining unicorns in India. Not the mythical animal, but firms whose valuations have crossed the $1 billion mark. the latest to join the coveted "unicorn club" is conversational messaging platform Gupshup.

The firm, which works in the enterprise messaging space, said Thursday it had raised $100 million in funding from Tiger Global Management, at a valuation of $1.4 billion.

The announcement came shortly after Mohalla Tech, the parent firm of short video app Moj and Indic language social media platform ShareChat said it had raised $502 million from Lightspeed Ventures and Tiger Global, along with participation from Snap Inc,

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