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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.
Private equity firm ChrysCapital, Singapore’s Dragon Funds by Mars Equity, and Schroders Adveq are joining as new shareholders, said one of the people cited earlier.
Early…
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