MoEngage extends funding round to $260 million; ChrysCap, Mars Growth, others may join as Z47 exits

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Enterprise software-as-a-service (SaaS) company MoEngage is finalising a $150 million transaction, the second tranche of a $260 million financing round, according to people aware of the matter.

The Bengaluru-based company is likely to be valued at $750 million pre-investment, they said, adding that a large chunk of the deal has seen existing investors sell shares to incoming ones.
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