Gupshup, a San Francisco, CA-based conversational engagement platform, has raised over $60 million in a mixed equity and debt funding round.
Investors
The round was led by Globespan Capital Partners (equity) and EvolutionX Debt Capital (debt).
Globespan Capital Partners is a U.S.-based venture capital firm that specializes in early-stage investments in technology companies. Founded in 2003, the firm helps startups grow through strategic guidance, operational support, and global market access.
EvolutionX Debt Capital is a US$500 million growth-stage debt financing platform jointly established in July 2021 by DBS Bank and Temasek. Headquartered in Singapore, it offers non-dilutive, amortizing term debt facilities, often structured with warrants or convertible instruments, targeting technology-enabled companies across India, China, and Southeast Asia.
Gupshup Use of Funds
The company will use the funds to scale its go-to-market operations, enhance product innovation, and deepen its presence in high-growth markets including India, the Middle East, Latin America, and Africa.
About Gupshup
Led by Beerud Sheth, Gupshup provides a conversational AI platform that enables businesses to create rich, human-like customer interactions across messaging and voice channels. Its platform supports advanced AI-driven capabilities, including AI agents, campaign automation tools, personalized messaging, and customer support solutions. Founded in 2004, Gupshup’s mission is to build the most advanced and innovative platform for conversational engagement, with a focus on delivering customer delight. Headquartered in Mumbai and San Francisco, the company serves over 50,000 businesses in 130+ countries.
Funding Details
Company: Gupshup Inc.
Raised: $60.0M+
Round: (Equity + Debt)
Funding Date: July 2025
Lead Investors: Globespan Capital Partners, EvolutionX Debt Capital
Additional Investors:
Company Website: https://www.gupshup.io/
Software Category: Conversational AI / Messaging
Source: https://www.prnewswire.com/ae/news-releases/gupshup-raises-over-60-million-from-globespan-and-evolutionx-to-fuel-conversational-engagement-growth-and-market-expansion-302511742.html