Funding round
Gupshup Growth
Reported as "Growth Equity"
Gupshup, which works in conversational AI platform development in India, raised $60M in a Growth round announced on 23 Jul 2025, led by Globespan Capital Partners. 2 firms took part. It is Gupshup's fifth venture round on record; the one before was a Growth in Jul 2021.
$60M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Gupshup did not disclose a valuation in this round; its last disclosed one was $1.40B at the Growth (Jul 2021). It came 48 months after Gupshup's Growth. It is 14% of the $422M Gupshup has raised in the venture rounds on record. No later venture round is on record for Gupshup.
Gupshup's funding rounds
Gupshup has 5 venture rounds on record. This one is highlighted.
- Series D 20 Jan 2010, led by Globespan Capital Partners $12M
- Series E 30 Aug 2011, led by Tenaya Capital $10M
- Series F 8 Apr 2021, led by Tiger Global $100M$1.40B post-money
- Growth 28 Jul 2021, led by Tiger Global, Think Investments and Malabar Investments $240M$1.40B post-money
- Growth this round 23 Jul 2025, led by Globespan Capital Partners $60M
Investors
Who put money in
Globespan Capital Partners led the round with 1 other firm.
Lead investor
- backs 11 venture-backed companies new investor
Also in the round
- backs 3 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
28 Growth rounds in Software Development Services within a year either side disclosed an amount; the median was $100M, and this round was 60% of the median. The closest in time, other companies' Growth rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 24 Jul 2025 | $125M | not disclosed | PSG |
| Sierra Software Development Services | 4 Sep 2025 | $350M | $10.00B | Greenoaks |
| Software Development Services | 16 Sep 2025 | $100M | $2.00B | Vanara Capital |
| Software Development Services | 1 May 2025 | $40M | not disclosed | not named |
| Software Development Services | 9 Sep 2025 | $15M | not disclosed | not named |
| SuperTask AI Software Development Services | 1 Apr 2025 | $165M | not disclosed | HSBC Innovation Banking and HSBC Private Credit |
| Software Development Services | 21 Oct 2025 | $45M | not disclosed | Healthier Capital |
| Software Development Services | 2 Oct 2025 | $35M | not disclosed | not named |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Gupshup raise in its Growth round?
Gupshup raised $60M in its Growth round, announced in Jul 2025.
Who led Gupshup's Growth round?
Globespan Capital Partners led it, with EvolutionX Debt Capital.
What was Gupshup's valuation at the Growth round?
It was not disclosed; its last disclosed one was $1.40B at the Growth (Jul 2021).
How does it compare with other Growth rounds in Software Development Services?
28 Growth rounds in Software Development Services within a year either side disclosed an amount; the median was $100M, and this round was 60% of the median.