MoEngage raises $32.5 Mn in Series C1 round; executes ESOP buyback worth $1.5 Mn
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Bengaluru and San Francisco-based customer engagement and marketing platform MoEngage has raised $32.5 Mn in Series C1 funding led by Multiples Alternate Asset Management. Existing investors Eight Roads Ventures, F-Prime Capital, and Matrix Partners also participated in the funding round. Founded by Raviteja Dodda and Yashwanth Kumar in 2014, MoEngage had started its Series C funding round in February 2020, when it raised $25 Mn.