GUKHUPThe beginning of the business messaging that began to travel in India for more than twenty years ago and be unicorn Four years ago, it had been more than $ 60 million, but remains a new value in the pack.
In 2021, GupshUp is picked up Two rounds of funds During the four months, earned $ 340 million from the famous investors including Tiger, loyalty management, and Malabar investment. This round – the beginning of the beginning with a decade – my gupsh is worth $ 1.4 billion. However, loyalty, which causes the following circle spraying the internal value from the beginning at least three times between 2023 and 2024, carrying down to lower $ 486 millionSee rankings-.
New funding, which integrates the equity and debt business partnership and EvolutionTSX capital, including India, Central America, and African.
Startup will not open the proper debt part even when the CEO founder and Beerud Seth tells the Tech Tech if the street part is “more than half.”
In 2004, my gupsh – the Indian origin means “moving” – beginning as a platform to help you connect with customers via text messages. Gain popularity as text message is not free at that time, and people find ways to send messages to friends and communities. However, due to communication that transfers from short messaging services (SMS) to WhatsApp and Sugs communications services (RCS), start-up will go to the streets with the chat service. Now, like AI has become a catchall term, and AI Ai – software that can do special tasks for users – have emerge anywhere, GULPHUP has started enable AGS to spread agents.
“There are many requests that come from the company. Everyone needs to build this Agent AI, who works through Olahentane and Samsung or we have to support,” Sejare Seh.
Globalatest, AI Agent Get a tractionwith the restrote of the building they draw a strong investor interest. Technology Giants Amazon, Googleand Microsoft It also explore how to bring more agents to users through their own platform. Results: Competition is so hot.
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GUKHUP does not see competition that increases as threats. Set Basic Instalup Installation Instalup – That exceeded 50,000 customers between 100 countries – and records record records of products, business acquisitions, and R & D.
“The business cannot use an easy base model on the rack and just put it in front of the customer. They need a lot of customization that will be done, and where GUKHUP goes in,” he noted.
Since the last half of July 2021, the start “tripled” income and grow profit, said. However, it is not clear whether it causes the price, like, he says, this latest round is not valued.
“It is the founder, you focus on the price, and the price will follow,” Seh said when he asked whether he still worked out that was inappropriate. “We operate himself as we will be a great company.”
Kadi from geographical, startup will use fresh funding to add products, which use in indomotive, banking, payments, and travel. The product also includes click-to-chat ads, and AI AI campaigns, and campaign managers.
GUKHUP says power over 120 billion messages per year for thousands of companies. Discover at home, Introduction to see IPO is the main tongue.
“We’re talking with all the advisors, lawyers, banks, and attendance, and others, to know this,” Seh Seeth.
Startup doesn’t have a specific timeline for a public list, even if seth tells the technicity if it can occur in 18-24 months.
GUKSHUP can explore what you need to list in an Indian stock exchange – a move that makes strategic thinking, as the start scene, when viewing whatsapp, as the market you are preferred. Between reasons: It’s easier to communicate with the story for local shop investors, the more familiar with whatsapp and know how the product AI, can be used on the platform. However, since Gupshup is dominated in the US, Flip to India will trigger your tax responsibility, which may require additional funds.
“Is one of the uncontrolled things. Calendar depends on the external factor as in the company,” Seth.