Active.Ai: Gupshup acquires VC-backed Active.ai; eyes $100-200 mn in pre-IPO round

MUMBAI: Conversational messaging platform Gupshup, operated by Webaroo Inc., has acquired conversational AI platform for banks and fintech companies Active.Ai, and is in talks with potential investors for a pre-IPO funding of $100 million to $200 million or even larger, a top executive told VCCirlce. Beerud Sheth, co-founder and CEO, Gupshup, said the "mid-sized" acquisition [...]The post Gupshup acquires VC-backed Active.ai; eyes $100-200 mn in pre-IPO round appeared first on TheVentureCation.com.