Gupshup

Gupshup raises $60 million in a mix of equity and debt from Globespan Capital Partners and EvolutionX Debt Capital, without disclosing its new valuation. Founder and CEO Beerud Sheth says equity accounts for a little more than half, and the round will support expansion in India, the Middle East, Latin America, and Africa, alongside product development for messaging-based AI agents. Sheth says revenue has tripled and profitability has grown since the company’s July 2021 funding round.

Jul 2025 · TechCrunchNews article

Fidelity cuts the estimated value of its stake in Gupshup by 7.7% in November, extending a decline of more than 65% since its mid-2021 investment. A Fidelity fund values its holding at $5.62 million at the end of November, down from $6.09 million in October. Based on that calculation, Fidelity values the business messaging startup at $486 million, compared with a $1.4 billion valuation in its 2021 funding round.

Dec 2024 · TechCrunchNews article

Fidelity cuts the estimated value of its Gupshup holding by more than 20% in a month and over 50% since its original investment. The U.S. asset manager marks the holding at $8.08 million at June’s end, down from $10.15 million a month earlier; Fidelity invested $16.2 million in 2021, when a funding round valued the business messaging company at $1.4 billion.

Jul 2023 · TechCrunchNews article

Fidelity further reduces the estimated value of its holdings in Reddit, Discord, and SaaS startup Gupshup. As of May 31, its Blue Chip Growth Fund valued its Reddit holding at $15.4 million, down 7.36% from April and 45.4% since its August 2021 investment. Fidelity valued its Discord holding at $1.7 million, down 13.4% in a month and 47% since its initial investment.

Jun 2023 · TechCrunchNews article