- Gupshup, a San Francisco, CA-based conversational messaging company, raised $100m in funding at valuation of $1.4 billion
- The round was led by Tiger Global Management
- The funding will followed by a second close with significant additional funds raised from more investors, to be announced later
- The company intends to use the funds to scale product and go-to-market initiatives worldwide
- The company’s API enables over 100,000 developers and businesses to build messaging and conversational experiences delivering over 6 billion messages per month across 30+ messaging channels
- Most major brands in India across industries use Gupshup API for customer engagement across multiple channels, especially SMS
