SAN FRANCISCO, December 17, 2025 — Leads & Copy — MoEngage, a customer engagement platform for consumer brands, has announced an additional $180 million in funding as part of its Series F round, bringing the total to $280 million after securing $100 million in November 2025. The round was led by ChrysCapital and Dragon Funds, with participation from Schroders Capital, TR Capital, and B Capital.
The funding will support the company’s Merlin AI suite innovation, scale go-to-market teams in North America and EMEA, and explore strategic acquisitions. MoEngage also completed its second employee tender offer, totaling approximately $15 million, benefiting 259 current and former employees. Select secondary transactions were included for early investors such as Eight Roads Ventures, Helion Venture Partners, Z47, and Ventureast.
CEO & Co-founder of MoEngage, Raviteja Dodda, emphasized the company’s culture of ownership and innovation. He said that the liquidity program ensures employees and early investors share in the company’s achievements. Dodda also expressed gratitude for the partnership of ChrysCapital, Dragon Funds, Schroders Capital, TR Capital, and B Capital as the company continues to scale globally.
MoEngage is strengthening its suite for Product Teams with MoEngage Analytics and MoEngage Inform. The company says modern customer engagement is not solely driven by marketing, product and marketing teams must use shared data to ensure customer experiences are connected.
MoEngage Inform streamlines critical transactional messaging, such as OTPs, account updates, and service updates, via a single API across messaging channels and delivery providers. The enhanced Product Analytics capabilities in MoEngage Analytics bridge the gap between insight and action.
Bhavin Turakhia, Co-founder & CEO of Zeta, stated that MoEngage Analytics has helped optimize critical journeys like onboarding, activation, and cross-sell, while their messaging capabilities allow for instant customer nudges. Charu Pujari, SVP, AI and Engineering at Loblaw Digital, noted that MoEngage Inform keeps customers updated on their delivery and pickup orders with speed and reliability.
Vice President at ChrysCapital, Rishabh Iyer, noted that the firm is excited to partner with MoEngage for its next phase of AI-led growth, aligning with their strategy to back technology platforms built in India for global enterprises.
CIO of Dragon Funds, Ridhi Chaudhary, noted that they are pleased to partner with MoEngage, and they are impressed by the company’s strong management, continuous product innovation, and durable growth. Aakash Tulsani, Managing Director at Dragon Funds, added that MoEngage sets the bar for innovation by leveraging AI on first-party data.
Avendus Capital acted as the exclusive financial advisor to the company and its shareholders.
MoEngage is an insights-led customer engagement platform headquartered in Bengaluru and San Francisco, and is trusted by over 1,350 global consumer brands. The company empowers marketers and product owners with insights into customer behavior, enabling them to engage customers across web, mobile, email, social, and messaging channels. MoEngage is utilized by consumer brands across 75 countries to deliver digital experiences to over 2 billion consumers every month.
Contact:
Raviteja Dodda, CEO & Co-founder, MoEngage
Source: MoEngage
