Mohalla Tech, Gupshup become latest entrants to the unicorn club

Six firms, including these two, have been added to the club just this week

Mohalla Tech, the parent of short video app Moj and Indian regional language social media platform ShareChat, as well as conversational messaging platform Gupshup became the latest entrants to the unicorn club this week. 

While Mohalla Tech raised $502 million at a valuation of a little over $2.1 billion, Gupshup raised $100 million at a valuation of $1.4 billion.

The investment in Mohalla Tech was led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter, and India Quotient, among others, the firm said in a statement.  Gupshup, which works in the enterprise messaging space, raised funds from Tiger