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,