Gupshup, a business messaging platform, has raised over $60 million in equity and debt financing to expand its presence in high-growth markets and enhance its AI-driven products. The funding round, led by Globespan Capital Partners and EvolutionX Debt Capital, will support the deployment of AI agents across messaging platforms like WhatsApp and RCS.
The company, which achieved unicorn status in 2021, is focusing on revenue growth and profitability, with plans to explore an IPO in the next 18-24 months. Gupshup is considering listing on Indian stock exchanges due to its strong presence and understanding of the market, particularly with WhatsApp integration. With a customer base of over 50,000 across 100+ countries, Gupshup aims to empower businesses with customizable AI solutions.