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Messaging Startup Gupshup Raises $240 Million Fund | Startup Street | CNBC Tv18

Gupshup, a Silicon Valley messaging startup with a focus on India, on Wednesday said it raised USD 240 million from Tiger Global Management and others to buy back shares ahead of a possible IPO next year.While venture capital investments are traditionally used for hiring more engineers or expanding sales and marketing, buyback deals allow investors in a startup to realize their investment before an IPO.#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #SensexCNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.For latest news and updates visit our Website: https://bit.ly/2YbpXBMSubscribe to our Channel: https://www.youtube.com/user/CNBCTV18Like us on Facebook: https://www.facebook.com/cnbctv18india/Follow us on Twitter: https://twitter.com/CNBCTV18News

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