New Delhi, July 23 -- AI-driven B2B messaging platform Gupshup has raised $60 million (about Rs.518 crore) in a new funding round, comprising a mix of equity and debt financing, as it gears up for a public market debut in the next 12 to 24 months.

The new round saw participation from investors including Globespan Capital Partners and EvolutionX Debt Capital, the latter of which has joined Gupshup's cap table for the first time.

The funds will be split equally between working capital and growth initiatives. As a B2B company, Gupshup often sees a lag between signing on customers and receiving payments for services rendered-sometimes with a delay of a few months-making working capital crucial.

"Growth capital helps us move fast when we sp...