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 be 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.
Led by Beerud Sheth, CEO, Gupshup is a conversational messaging platform, offering a suite of solutions including messaging APIs, bot platform, bot building tools, scripting engine, omni-channel inbox, conversational AI, client-side software and more. 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.