India, April 15 -- Customer engagement platform MoEngage is reportedly looking to raise $150-180 Mn in a mix of primary and secondary transactions.

A Mint report, citing people close to the matter, said thatthe Goldman Sachs-backed startup is in discussions with new and existing backers for the fresh fundraise which will value it between $800-850 Mn.

The report further said that the company has also roped in Mumbai-based investment banking and asset management firm Avendus Capital to help with the mandate.

Inc42 has reached out to MoEngage for comments on the development. The story will be updated based on the response.

The startup plans to deploy the fresh proceeds to expand its marketing operations across US, Europe, Middle East and...