Fidelity Reduces Gupshup Stake
This is a Gupshup news story, published by TechCrunch, that relates primarily to Fidelity news.
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Business & Economics
Gupshup investor cuts value of its stake again, implying new valuation of $486M | TechCrunch

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Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by 7.7% last month .
The U.S. asset manager had originally invested $16.2 million from its Blue Chip Growth Fund in the startup in mid-2021 .
Fidelity now values Gupschup at $486 million , down from $6.09 million in October .
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