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Gupshup Secures $60M Amidst Valuation Uncertainty

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TechNews 2 Views July 23, 2025 Source

Summary

  • Gupshup, a business messaging startup, raised over $60 million in equity and debt.
  • The funding came from Globespan Capital Partners.
  • Gupshup's current valuation is undisclosed, leaving its unicorn status in question.
  • The company was valued at $1.4 billion in 2021.
  • An investor, Fidelity, had previously reduced its internal valuation significantly.

Overall Sentiment: ⚪ Neutral

AI Explanation

Gupshup, a business messaging company founded over 20 years ago in India, has secured over $60 million in a new funding round consisting of both equity and debt from Globespan Capital Partners. While the company achieved unicorn status in 2021 with a $1.4 billion valuation after raising $340 million, its current valuation remains undisclosed. Notably, investor Fidelity had previously marked down its internal valuation of Gupshup multiple times between 2023 and 2024, bringing it down to as low as $486 million. This latest funding round raises questions about Gupshup's current valuation and its retained unicorn status.

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