MoEngage nears US$260 million funding round as enterprise SaaS valuations climb

MoEngage targets US$260 m raise valuing it at ~US$750 m in India’s SaaS funding surge.

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MoEngage nears US$260 million funding round as enterprise SaaS valuations climb

MoEngage nears US$260 million funding round as enterprise SaaS valuations climb
Enterprise-SaaS firm MoEngage is finalising a US$150 million tranche of a planned US$260 million funding round, valuing the company at about US$750 million pre-money. The Bengaluru-based customer-engagement platform is backed by ChrysCapital, Mars Growth and Schroders Adveq. Investors are drawn by rising recurring-revenue multiples and renewed enterprise spend. 
The raise marks one of the largest private equity rounds in India’s SaaS ecosystem in 2025. 
Companies:
  • MoEngage
  • ChrysCapital
  • Mars Growth
  • Schroders Adveq
Tags:
  • startups
  • SaaS