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Rasa vs Mihup

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Rasa has raised $70.2M — double what Mihup has pulled in.

Head-to-Head Verdict

Rasa leads on 3 of 4 metrics

Rasa

3 wins

+Funding
+Awaira Score
+Team Size
=Experience

Mihup

0 wins

-Funding
-Awaira Score
-Team Size
=Experience

Key Numbers

Valuation
N/A
N/A
Total Funding
$70.2M
$6M
Awaira Score
60/100
50/100
Employees
100-500
50-200
Founded
2016
2016
Stage
Series C
Series A
RasaMihup
Winner
Rasa logo
Rasa

🇺🇸 United States · Alan Nichol

Series CNLPEst. 2016

Valuation

N/A

Total Funding

$70.2M

Awaira Score60/100

100-500 employees

Full Rasa Profile →
Mihup logo
Mihup

🇮🇳 India · Biplab Kumar Jha

Series ANLPEst. 2016

Valuation

N/A

Total Funding

$6M

Awaira Score50/100

50-200 employees

Full Mihup Profile →
Market Context

As NLP players, Rasa and Mihup target overlapping customers despite operating from different countries. The stage gap — Rasa at Series C vs Mihup at Series A — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

The NLP sector features both Rasa and Mihup as key players. Rasa builds an open-source conversational AI framework and an enterprise-grade dialogue management platform used by developers and large organizations to deploy contextual AI assistants. Mihup is a conversation intelligence platform specializing in speech recognition and NLP for Indian languages, offering real-time call analytics, voice search, and speech-to-text capabilities tuned for Indic accents and multilingual code-switching common in Indian call centers.

Funding & Valuation

Neither company has publicly disclosed a valuation. Capital raised tells a clear story: Rasa at $70.2M versus Mihup at $6M — a $64.2M difference.

Growth Stage

Both companies were founded in 2016, giving them equivalent market tenure. Stage-wise, Rasa is classified as Series C and Mihup as Series A, reflecting divergent fundraising histories. On headcount, Rasa reports 100-500 employees and Mihup reports 50-200.

Geography & Outlook

Based in 🇺🇸 United States and 🇮🇳 India respectively, Rasa and Mihup tap into different talent markets and regulatory environments. Awaira rates Rasa at 60 and Mihup at 50, a gap that reflects differences in capital efficiency and market traction. Rasa, led by Alan Nichol, and Mihup, led by Biplab Kumar Jha, each bring distinct leadership visions to the AI sector.

Funding Velocity

Rasa

Total Rounds4
Avg. Round Size$17.6M
Funding Span4 yrs

Mihup

Total Rounds2
Avg. Round Size$3M
Funding Span1.3 yrs

Funding History

Rasa has completed 4 funding rounds, while Mihup has gone through 2. Rasa's most recent round was a Series C of $38.6M, compared to Mihup's Series A ($5M). Rasa is at Series C while Mihup is at Series A — different points in their growth trajectory.

Team & Scale

Team sizes are in the same ballpark: Rasa has about 100-500 people and Mihup has around 50-200. Both companies were founded in 2016. Geographically, they're in different markets — Rasa operates out of United States and Mihup from India.

Metrics Comparison

MetricRasaMihup
💰Valuation
N/A
N/A
📈Total Funding
$70.2MWINS
$6M
📅Founded
2016
2016
🚀Stage
Series C
Series A
👥Employees
100-500
50-200
🌍Country
United States
India
🏷️Category
NLP
NLP
Awaira Score
60WINS
50

Key Differences

📈

Funding gap: Rasa has raised $64.2M more ($70.2M vs $6M)

🚀

Growth stage: Rasa is at Series C vs Mihup at Series A

👥

Team size: Rasa has 100-500 employees vs Mihup's 50-200

🌍

Market base: 🇺🇸 Rasa (United States) vs 🇮🇳 Mihup (India)

⚔️

Direct competitors: Both operate in the NLP market segment

Awaira Score: Rasa scores 60/100 vs Mihup's 50/100

Which Should You Choose?

Use these signals to make the right call

Rasa logo

Choose Rasa if…

Top Pick
  • Higher Awaira Score — 60/100 vs 50/100
  • Stronger investor backing — raised $70.2M
  • United States-based for regional compliance or proximity
  • Rasa builds an open-source conversational AI framework and an enterprise-grade dialogue management platform used by developers and large organizations to deploy contextual AI assistants
Mihup logo

Choose Mihup if…

  • India-based for regional compliance or proximity
  • Mihup is a conversation intelligence platform specializing in speech recognition and NLP for Indian languages, offering real-time call analytics, voice search, and speech-to-text capabilities tuned for Indic accents and multilingual code-switching common in Indian call centers

Funding History

Rasa raised $70.2M across 4 rounds. Mihup raised $6M across 2 rounds.

Rasa

Series C

Jun 2020

$38.6M

Series B

Feb 2019

$19.7M

Series A

Oct 2017

$8.4M

Seed

Jun 2016

$3.5M

Mihup

Series A

Oct 2017

$5M

Seed

Jun 2016

$1M

Users Also Compare

FAQ — Rasa vs Mihup

Is Rasa bigger than Mihup?
Neither company has publicly disclosed a valuation, making a definitive size comparison difficult. Rasa employs 100-500 people, while Mihup has 50-200 employees.
Which company raised more funding — Rasa or Mihup?
Rasa has raised more in total funding at $70.2M, compared to Mihup's $6M — a gap of $64.2M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Rasa leads with an Awaira Score of 60/100, while Mihup sits at 50/100. That 10-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Rasa vs Mihup?
Rasa was founded by Alan Nichol in 2016. Mihup was founded by Biplab Kumar Jha in 2016. Visit each company's profile on Awaira for a full founder biography.
What does Rasa do vs Mihup?
Rasa: Rasa builds an open-source conversational AI framework and an enterprise-grade dialogue management platform used by developers and large organizations to deploy contextual AI assistants. The core open-source product has accumulated millions of downloads and serves as the foundation for production chatbots and voice assistants across industries including banking, telecom, and healthcare.\n\nThe company raised approximately 75 million USD through Series C and has enterprise customers in regulated industries that require on-premise or private cloud deployment rather than SaaS-based NLP services. Rasa competes directly with managed platforms from Dialogflow, Amazon Lex, and IBM Watson by offering full data control and model customization unavailable on those services.\n\nAs enterprises grow more cautious about sending customer conversation data to third-party cloud providers, the demand for self-hosted conversational AI infrastructure strengthens Rasa position. The platform is particularly well-suited for organizations in the EU and financial sectors operating under strict data residency requirements, giving Rasa a structural moat that pure-SaaS NLP competitors cannot easily replicate. Mihup: Mihup is a conversation intelligence platform specializing in speech recognition and NLP for Indian languages, offering real-time call analytics, voice search, and speech-to-text capabilities tuned for Indic accents and multilingual code-switching common in Indian call centers. The platform serves BFSI, telecom, and retail customers that operate large vernacular customer support operations.\n\nThe company raised approximately $6M in Series A funding and has built proprietary speech models for Bengali, Hindi, and other regional languages that outperform global ASR providers on Indian accent benchmarks. Mihup's products are deployed in production contact centers processing high daily call volumes.\n\nAccurate speech AI for Indian languages remains an underserved technical problem given the phonetic diversity and code-switching patterns of Indian speakers. Mihup's focus on this specific challenge, combined with years of proprietary training data collected from real call center environments, gives the company a technical moat that is difficult for English-first global vendors to replicate quickly. Mihup competes in the Indian conversation intelligence space against Enthu.ai, Convin, and global platforms like Gong and Chorus that lack deep Indic language support. The company's core advantage lies in its proprietary speech recognition models trained specifically on Indian language datasets, delivering higher accuracy on Hindi, Tamil, Bengali, and other regional languages than English-first competitors can achieve. Mihup has gained traction in BPO, banking, and insurance sectors where call center operations in regional languages represent billions of minutes of untapped analytics potential across the Indian subcontinent.
Which company was founded first?
Both Rasa and Mihup launched in 2016. Same year, but even a few months' head start matters in AI — early movers lock in data, talent, and customer relationships fast.
Which company has more employees?
Rasa has about 100-500 employees; Mihup has about 50-200. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Rasa and Mihup competitors?
Yes — they're direct rivals. Both Rasa and Mihup compete in NLP, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Rasa edges ahead with an Awaira Score of 60, but Mihup (50) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Rasa has a slight edge on paper, but Mihup isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive