MoEngage Stock
| Valuation | $900M1 |
| Valuation Date | Dec 17, 2025 |
| Implied Valuation | $900M |
| Last Price | $18.00 |
| 52-Week High | $18.00 |
| 52-Week Low | $18.00 |
| YTD Return | +0.00% |
| 1-Year Return | +0.00% |
| 3-Year Return | +0.00% |
| Total Funding | $307M1 |
| Latest Round Amount | $180M2 |
| Latest Round | Series F ext. |
| Funding Rounds | 10 |
| IPO Status | Expected1, 3 |
| Expected IPO Date | 2027-28 |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About MoEngage
MoEngage is an Indian customer engagement platform that helps consumer brands unify customer data and run personalized campaigns across email, SMS, push, in-app, WhatsApp and the web. The company also sells MoEngage Inform, a single API for transactional messages such as OTPs and account updates, plus product analytics so marketing and product teams can act on the same profiles. MoEngage makes money through annual software subscriptions priced mainly on monthly tracked users and the channels a brand turns on. In June 2026 it acquired Aampe, which adds a dedicated AI agent for each end customer.
Invest in MoEngage
MoEngage is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Swiggy X MoEngage betting big on AI-led engagement
Swiggy partnered with MoEngage to automate omnichannel customer journeys and use Merlin AI Agents for personalized push and in-app messaging.
CaratLane X MoEngage: the next step in personalization
Jewelry retailer CaratLane selected MoEngage for segmentation, journey orchestration, and AI-powered recommendations across digital and store channels.
House of Anita Dongre partners with MoEngage
House of Anita Dongre will use MoEngage to unify customer data and personalize engagement across stores, e-commerce, and loyalty touchpoints.
Loaded Partners with MoEngage to Transform Customer Engagement
Loaded partnered with MoEngage to unify customer data and deliver personalized marketing experiences across email, social, and messaging for its gaming audience.
Licious Partners With MoEngage To Expand AI-Powered Customer Engagement
Licious said it is using MoEngage to personalize journeys across its digital, quick-commerce and retail channels. The D2C food brand framed the deal as support for omnichannel expansion in India.
MoEngage Recognized as a Leader in the 2026 IDC MarketScape for AI-Enabled Customer Data Platforms for B2C Users
MoEngage was named a Leader in IDC's 2026 MarketScape for AI-enabled customer data platforms serving B2C brands.
MoEngage and Boldest Announce a Strategic Partnership to Drive Cognitive backed Customer Engagement for Telecom Operators
MoEngage partnered with Boldest, part of Prodapt, to sell cognitive marketing to telecom operators. The companies said the combination uses MoEngage's platform plus Boldest's implementation to cut chu...
Paisabazaar Partners With MoEngage for AI Engagement
Paisabazaar selected MoEngage's CDEP and Merlin AI to move from broadcast campaigns to intent-driven journeys on app and web. The financial marketplace is part of PB Fintech Group.
MoEngage Acquires Aampe to Bring 1:1 Agentic Decisioning to B2C Marketing Teams
MoEngage acquired Aampe to add individual-level agentic decisioning to its customer engagement platform; Aampe's founders will lead the capability inside MoEngage.
MoEngage Acquires Aampe to Build the Agentic CEP, Powered by 1:1 Agentic Decisioning
MoEngage said acquiring Aampe adds agentic decisioning so brands can personalize engagement with a dedicated AI agent for each customer.
MoEngage Acquires Aampe to Bring 1:1 Agentic Decisioning to B2C Marketing Teams
MoEngage acquired San Francisco-based Aampe, whose per-user AI agents personalize messaging and channel decisions for individual customers. Aampe's founding team will lead MoEngage's agentic decisioni...
India's MoEngage bets that the future of marketing is millions of AI agents
MoEngage acquired San Francisco startup Aampe in an all-cash deal TechCrunch reported was worth tens of millions of dollars. About 20 Aampe employees joined, taking MoEngage to roughly 820 people.
MoEngage Acquires Aampe to Bring 1:1 Agentic Decisioning to B2C Marketing Teams
MoEngage said Aampe's per-user reinforcement-learning agents will sit natively in its engagement platform. Aampe founders Paul Meinshausen, Schaun Wheeler and Sami Abboud joined to lead agentic decisi...
MoEngage Launches Merlin AI Custom Agents With Full Visibility, Marketer-Defined Guardrails, and Open MCP Architecture
MoEngage launched custom workflow agents that run on its own data with marketer-set guardrails and activity logs. It also opened an MCP connector so tools such as Claude and ChatGPT can call MoEngage.
MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, Europe
MoEngage acquired San Francisco-based Aampe, which builds autonomous AI agents for individual users, in its first acquisition. CEO Raviteja Dodda said the company is evaluating further inorganic growt...
Swiggy Onboards MoEngage's AI-Native Platform
MoEngage announced a strategic partnership with Swiggy to automate customer journeys and deploy Merlin AI agents for push notifications and in-app messaging at scale.
MoEngage closes $280M Series F including $180M extension
MoEngage said it closed an additional $180M in Series F funding led by ChrysCapital and Dragon Funds, bringing the full round to $280M alongside a $15M employee tender.
MoEngage Recognized as a Visionary in the 2026 Gartner Magic Quadrant for Personalization Engines
CEO Raviteja Dodda wrote that Gartner named MoEngage a Visionary in the 2026 Magic Quadrant for Personalization Engines. The Gartner report was dated February 3, 2026.
MoEngage Gears Up for IPO After Reverse Flip to India
MoEngage completed a reverse flip from the U.S. to India ahead of a planned public listing, with CEO Raviteja Dodda targeting IPO readiness by mid-2027 after reaching profitability in the October–Dece...
MoEngage receives NCLT nod for reverse merger ahead of potential IPO
Moneycontrol reported the Bengaluru NCLT bench sanctioned amalgamation of MoEngage Inc. into MoEngage India after the company closed a $280 million Series F in December 2025.
MoEngage wins NCLT nod for US-to-India reverse merger
MoEngage received tribunal approval to complete its reverse merger into an India-domiciled entity as it weighs IPO timing on domestic exchanges.
NCLT approves SaaS startup MoEngage's reverse flip plan
India's NCLT approved merging Delaware parent MoEngage Inc into MoEngage India Private Limited, per an order dated January 12, 2026. The move is a domicile shift often used ahead of an India listing.
IPO-Bound MoEngage Gets NCLT Nod For Reverse Merger
MoEngage received NCLT approval on January 12, 2026 for a reverse merger shifting its corporate domicile from its Delaware parent into MoEngage India, a key step ahead of a potential domestic IPO.
MoEngage closes extended $280 million Series F
MoEngage said its Series F totaled $280 million after a $100 million November 2025 tranche and a follow-on $180 million round led by ChrysCapital and Dragon Funds.
SaaS startup MoEngage closes extended $280 million round
Economic Times reported MoEngage closed a $280 million Series F in December 2025 at about an $850 million post-money valuation.
MoEngage Secures Additional $180 million in Series F Funding
MoEngage raised another $180 million in Series F funding, completing a $280 million round that included employee and investor liquidity.
MoEngage Secures Additional $180 million in Series F Funding; Completes Liquidity Event for Employees & Investors
MoEngage said ChrysCapital and Dragon Funds led an additional $180 million Series F close, taking the round to $280 million. It also completed a second employee tender of about $15 million.
Weeks after raising $100M, investors pump another $180M into hot Indian startup MoEngage
TechCrunch reported that about $123 million of the $180 million follow-on was secondary, including a $15 million employee tender, with $57 million primary. A person close to the deal put post-money we...
MoEngage Gets $100M to Scale Marketing AI Agents and Accelerate Expansion in North America
Goldman Sachs Alternatives and A91 Partners invested $100 million as the first Series F close. MoEngage said North America had become its largest revenue region and total funding exceeded $250 million...
Goldman Sachs doubles down on MoEngage in new round to fuel global expansion
TechCrunch said the $100 million Series F was roughly 60% primary and 40% secondary. CEO Raviteja Dodda said the company planned to be IPO-ready within a couple of years.