SaaS startup MoEngage closes extended $280 million round; ChrysCapital, Dragon Fund, Schroders join

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Enterprise software-as-a-service (SaaS) company MoEngage has mopped up an additional $180 million as part of its ongoing funding round, taking the total deal size up to $280 million.

The latest infusion was led by private equity major ChrysCapital and Singapore’s Dragon Fund, which is backed by Japan’s largest bank, Mitsubishi UFJ Financial Group.

The financing also saw participation from Schroders Capital and existing backers TR Capital and B Capital.

ET was the first to report on November 21 about the extended funding round, which values the…



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SaaS startup MoEngage closes extended $280 million round; ChrysCapital, Dragon Fund, Schroders join


Enterprise software-as-a-service (SaaS) company MoEngage has mopped up an additional $180 million as part of its ongoing funding round, taking the total deal size up to $280 million.

The latest infusion was led by private equity major ChrysCapital and Singapore’s Dragon Fund, which is backed by Japan’s largest bank, Mitsubishi UFJ Financial Group.

The financing also saw participation from Schroders Capital and existing backers TR Capital and B Capital.

ET was the first to report on November 21 about the extended funding round, which values the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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