Indian startup MoEngage has raised $180 million in follow-on F-round funding, pushing its valuation beyond $900 million. The funding round includes $123 million from secondary market transactions and $57 million in primary funding. The capital will be used to enhance AI capabilities, pursue acquisitions, and support expansion efforts. MoEngage aims to achieve $100 million in annual recurring revenue (ARR) this year and become EBITDA positive by the first quarter. The funding also provides liquidity for early stakeholders, underscoring the company's growth trajectory and strong on-chain activity.
MoEngage Secures $180M in Funding, Valuation Exceeds $900M
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