Kolkata-based Mihup eyes IPO, in advanced talks with leading automaker

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Kolkata-based Mihup eyes IPO, in advanced talks with leading automaker - Business Standard

Quick Summary:

Mihup's voice assistant, which replaced a global competitor's solution in Tata Motors' vehicles in 2021, is now deployed in over one million cars, and the company expects rapid growth with new OEMs, the official claimed.

Kolkata-based conversational intelligence firm Mihup on Wednesday said it is in advanced talks with one of India's top passenger automobile makers to integrate its in-car virtual assistant, following its partnership with Tata Motors.

The company, which has raised Rs 100 crore in venture funding, including Rs 50 crore in October last year, is also preparing for an initial public offering (IPO) within the next two years, Mihup Co-founder & CEO Tapan Barman told PTI.