Chatbot developer Gupshup Inc. said it is acquiring cloud communications startup Knowlarity Communications Pvt. to bolster its voice messaging and video solutions capabilities.
The purchase price is about $100 million, according to a person familiar with the matter, who asked not to be named as the value isn’t public. Knowlarity specializes in cloud telephony as well as contact center automation and uses artificial intelligence to power its voice assistants, Gupshup said in a statement Wednesday, without disclosing how much it paid.