M&A Deal Summary

Gupshup Acquires OneDirect

On June 2, 2022, Gupshup acquired information technology company OneDirect

Acquisition Highlights
  • This is Gupshup’s 2nd transaction in the Information Technology sector.
  • This is Gupshup’s 3rd transaction in India.

M&A Deal Summary

Date 2022-06-02
Target OneDirect
Sector Information Technology
Buyer(s) Gupshup
Deal Type Add-on Acquisition

Target

OneDirect

Bengaluru, India
OneDirect is an AI-enabled, customer service platform of choice for brands in India, South East Asia and the Middle East. OneDirect is based in Bengaluru, India.

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Buyer(S) 1

Buyer

Gupshup

San Francisco, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Gupshup is a provider of conversational messaging platforms that enables better customer engagement through conversational messaging. Gupshup is the leading conversational messaging platform, powering over 6 billion messages per month. Across verticals, thousands of large and small businesses in emerging markets use Gupshup to build conversational experiences across marketing, sales, and support. Gupshup's carrier-grade platform provides a single messaging API for 30+ channels, a rich conversational experience-building tool kit for any use case, and a network of emerging market partnerships across messaging channels, device manufacturers, ISVs, and operators. Gupshup is based in San Francisco, California.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
Country: India M&A 3 of 3
Year: 2022 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 AskSid

Bengaluru, India

AskSid is a Conversational AI provider to top eCommerce and retail companies around the world. AskSid helps many global brands like AkzoNobel, Danone, Wolford, Akris and Himalaya Wellness deliver impactful shopping experiences to customers through AI-powered conversations, driving faster sales. AskSid was founded in 2017 and is based in Bengaluru, India.

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