Led · Equity · Feb 2026

Founded in Dubai in 2018, Kitopi blends technology, culinary development, and hospitality to serve customers through both delivery and dine-in formats. Its proprietary SKOS tech stack underpins operations that now span more than 200 outlets in the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar. The company employs over 6,000 people and supports its network with a global customer experience center in Dubai and Amman, plus an engineering hub in Krakow, Poland. Management reports profitable unit economics and overall company profitability, positioning the business for sustainable growth. Kitopi plans to use advanced AI forecasting to strengthen supply-chain reliability and maintain consistency at scale. Looking ahead, it intends to expand its home-grown brands throughout the GCC and pursue regional and international franchising opportunities. Leadership sees personalization, healthier menu options, and superior customer experience as key growth drivers. The firm is also building processes and governance aimed at a potential future public listing.

Led · Debt Financing · Nov 2025

Founded in 2020 (originally as CredAvenue) by Gaurav Kumar, Yubi offers a suite of platforms that facilitate lending, underwriting and collections for enterprises and financial institutions. Its applied-AI engine, YuVerse, powers products such as Yubi, Accumn, Spocto X and YuCollect, enabling seamless credit discovery, loan management and collections automation. To date the company claims to have facilitated over Rs 3.2 lakh crore in debt across more than 48 lakh transactions, serving 17,000+ enterprises and 6,000+ lenders and investors. Yubi is now focusing on expanding into Southeast Asia, the United States and strengthening its Middle East presence while deepening investment in proprietary AI capabilities. The firm positions itself as building a global operating system for financial services. Existing backers include Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer and TVS Capital. The company is targeting profitability as it scales globally, supported by both equity infusions and structured debt.

Led · Equity · Jul 2025

Gupshup operates a conversational AI and messaging platform (Conversation Cloud) that enables businesses to automate complex customer interactions with AI Agents across text and voice. Its product suite includes AI Agents, Click to Chat Ads, AI Campaign CoPilot, Agent Assist, Personalize, and Campaign Manager. The platform serves 50,000+ customers in 130+ countries and processes over 120 billion messages annually. Industry analysts such as Gartner, IDC, and Juniper have recognized Gupshup for its AI capabilities and market leadership. The company plans to use new funding to accelerate product innovation, scale AI Agent adoption, enhance sales velocity, and deepen go‑to‑market execution across India, the Middle East, Latin America, and Africa. Gupshup says its solutions are driving higher conversions and revenue, lower costs, and improved customer satisfaction across marketing, sales, and support use cases. Gupshup provides a carrier-grade conversational messaging platform and a single messaging API for 30+ channels, enabling businesses to build conversational experiences across marketing, commerce, and support. The platform powers over 6 billion messages per month and serves thousands of large and small businesses across emerging markets and the United States. Customers can discover products, pay for them, track delivery, provide feedback and get support within messaging flows. Gupshup exited 2020 with an annual revenue run rate of approximately $150 million and has raised $340 million in 2021. The company plans to invest in product innovation for digital commerce enablement, expand go-to-market initiatives in mobile-first economies, and is exploring M&A opportunities. It has also expanded its executive team with hires across corporate development, international business development, sales, customer success, marketing, and IT, and will use proceeds in part for secondary share purchases. Gupshup provides a developer-centric conversational messaging platform and APIs that enable businesses to build messaging and conversational experiences across channels. Its technology powers over 6 billion messages per month across 30+ messaging channels and is used by over 100,000 developers and businesses. The company offers messaging APIs, a bot platform and builder tools, a scripting engine, omni-channel inbox, conversational AI, client-side software and other solutions for marketing, sales and support. Gupshup has reported years of profitable growth and exited 2020 with an annual revenue run rate of approximately $150 million. The company plans to use the new funding to rapidly scale product development and go-to-market initiatives worldwide and accelerate business-to-consumer conversational experiences. Gupshup has been a market leader in business messaging in India and is expanding globally, leveraging IP-based messaging channels that work consistently across countries. SMS GupShup operates a large social network and group-messaging service tailored to Indian consumers and has built a massive user base. The company focuses on group messaging and social networking products. It will use the new funding to drive product innovation, increase sales and marketing, and expand globally. Management and investors highlight an opportunity to expand beyond India into other high-growth emerging markets. The company has raised a total of $47 million to date following the latest round. Tenaya Capital and existing backers praise the team's execution and market position. Launched in April 2007, SMS GupShup operates a mobile social network that serves 26m users across over 2m SMS communities ranging from religious groups to sports teams and fan clubs. The company's core product is SMS-based community and messaging services, provided by parent Webaroo Technology India Pvt. Ltd. Management says user base and revenues have grown substantially over the last year, and the platform is seeing strong interest from carriers worldwide. The company plans to use the new capital to expand into new territories and roll out new features, including Mobile CRM solutions for small businesses and corporate brands. To date SMS GupShup has raised $37m in funding.

Led · Debt Financing · Jun 2024

UpGrad positions itself as a broad integrated learning and workforce development platform spanning formal education, certification courses, study abroad, placements, enterprise training and global mobility. The company is pursuing expansion through a proposed acquisition of Unacademy, which it says would enable entry into the online test-preparation segment including UPSC, JEE, NEET and GATE. Upon closing the Unacademy deal, UpGrad is expected to receive nearly Rs 900 crore in cash, bringing its total capital pool to around Rs 1,260 crore alongside the recently closed Rs 360 crore internal round. UpGrad plans to use the combined funds to deepen its presence across online and offline learning formats in India and overseas, and to increase investments in AI-led learning products and workforce development initiatives. The company has engaged with the Competition Commission of India by filing a merger application related to the Unacademy acquisition and has been involved in months-long negotiations over the transaction terms.

Led · Debt Financing · Jun 2024

Atome operates a digital financial services platform that lets consumers split purchases through buy-now-pay-later plans, access personal loans and use the Atome Card for revolving credit. The company partners with merchants across Southeast Asia to embed its payment options at checkout. In 2024 it generated US$236 million in revenue, a 63 % year-over-year jump, while gross merchandise value rose 50 % to more than US$2 billion. Management says growth accelerated in 2025, projecting annualized net revenue above US$500 million and annualized GMV of US$6 billion, with December GMV up over 70 % year-on-year. Fresh capital will be directed toward scaling operations in Singapore, Malaysia and the Philippines and expanding its BNPL, loan and card products. The platform already enjoys ongoing support from multiple regional and global banking partners.