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MoEngage Taps Avendus to Raise Up to $180 Million
Mint Mumbai
|April 15, 2025
MoEngage Plans to Use the Funds to Expand in the US, Europe, Asia, Middle East and Also Expand into Newer Markets
US-based customer engagement platform MoEngage is in talks to raise $150-180 million from new and existing investors and has appointed Avendus to help with the mandate, two people familiar with the matter told Mint. "The round, which will value the company at $800-850 million, is a mix of primary and secondary transactions," one of the two people cited above said.
MoEngage and Avendus did not immediately respond to Mint's requests for a comment.
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FLERE HISTORIER FRA Mint Mumbai
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