India’s SMS GupShup Raises $12 Million For Twitter-Like Social Network

Posted on 21 January 2010





SMS GupShup, a Twitter-like service in India that is primarily accessed via SMS, has raised $12 million in funding led by Globespan Capital Partners with existing investors Charles River Ventures and Helion Venture Partners participating in the round.

SMSGupshup2 India’s SMS GupShup Raises $12 Million For Twitter Like Social Network

The latest capital injection brings SMS GupShup’s total funding to $37 million.

Launched in April 2007, SMS GupShup (spawned from Webaroo) serves 26 million users across India.

Read more @ techcrunch.com

SMS GupShup is mobile group SMS service that allows users to create mobile communities and broadcast messages to them. Read more.

Related News:

  • SMS GupShup Secures $12Million Additional Funding India’s Largest Social Network Plans Global Expansion

  • SMS GupShup new funding of $ 12M





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