Investors Pump $180M Into Indian Startup MoEngage
MoEngage, an Indian startup, has raised an additional $180 million in funding just weeks after securing $100 million, valuing the company at over $900 million.
Why it matters
The rapid fundraising by MoEngage highlights the strong investor interest in customer engagement platforms, especially in emerging markets like India.
Key Points
- 1MoEngage raised $180 million in new funding
- 2The new funding comes just weeks after a previous $100 million raise
- 3The latest round values MoEngage at over $900 million post-money
Details
MoEngage, an Indian startup that provides customer engagement and retention solutions, has secured $180 million in additional funding. This new investment comes just weeks after the company raised $100 million in a previous round. The latest funding round values MoEngage at 'well over' $900 million post-money. The startup plans to use the new capital to accelerate its global expansion and product development efforts.
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