Venture Capital
Intelligent marketing cloud platform MoEngage Inc., Tuesday said it has raised over Rs 63 crore (USD 9 million) in a funding round led by Matrix Partners India and Ventureast. In a statement, the California-based firm founded by Raviteja Dodda and Yashwanth Kumar said that existing investors Helion Venture Partners and Exfinity Ventures also participated in the latest round. MoEngage will utilise the fresh capital to expand global presence, strengthen its data science capabilities and roll-out its integrated marketing technology stack for enterprise clients with user engagement, analytics, and personalisation products, the company said.

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