{"id":54410,"date":"2022-08-03T14:00:15","date_gmt":"2022-08-03T11:00:15","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=54410"},"modified":"2022-08-03T14:00:17","modified_gmt":"2022-08-03T11:00:17","slug":"webengage-raises-20-million-in-series-b-eyes-ipo-in-three-years","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=54410","title":{"rendered":"WebEngage raises $20 million in Series B eyes IPO in three years"},"content":{"rendered":"\n<p><strong> <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\"> WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures, and IAN Fund. The round also saw participation from a few family offices, including Unmaj Corporation, NB Ventures, Shashwat Nakrani (Co-founder of BharatPe), and Gopal Srinivasan (Chairman, TVS Capital), among others.<\/p>\n\n\n\n<p class=\"has-text-align-left\">WebEngage showcased outstanding frugality and resilience in its\n11-year journey filled with ups and downs, burning only ~$6 million in capital\nto reach a $20 million revenue run rate \u2014 an enviable position to be in. Peers\nin SaaS spend about 3\u20135x more to achieve the same scale. The company is adding\nover 60 new clients every quarter, in addition to working with 600+ clients,\nincluding new-economy and internet-first businesses, and propelling the digital\ntransformation journey for enterprise clients.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Commenting on the funding,&nbsp;<strong>Avlesh Singh, Co-founder &amp; CEO, WebEngage,<\/strong>&nbsp;said, \u201cWe are\nabsolutely delighted to have Singularity Growth Opportunities Fund and SWC\nGlobal as our new partners and are blessed to have existing partners double\ndown on their confidence in us. The ride has just begun, and we have the\ntickets to the front row seats for anyone who wants to join our journey of\n\u2018Simplifying Retention for the World.\u2019\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">Commenting on the engagement with WebEngage,&nbsp;<strong>Apurva Patel, Managing Partner of\nSingularity Growth Opportunities Fund<\/strong>, said, \u201cWebEngage\u2019s comprehensive\ncustomer engagement platform truly empowers companies to listen to their\ncustomers better, deeply understand their behaviour by smartly segmenting\ncustomers, and act on that knowledge in a way that is personal. What fascinated\nus about Avlesh and his team is their ability to gain traction with not only\ndigital businesses but also with large traditional enterprises. We were also\nvery impressed with customer feedback on the company\u2019s superior customer\nservice and support, and believe this to be their key competitive advantage.\nSingularity Growth is thrilled to be part of WebEngage\u2019s growth journey in both\nIndia and overseas.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">The capital will be deployed to maintain the high growth\ntrajectory WebEngage has been on: Growing 100% YoY and scaling operations\nacross India, MENA, and SEA regions. The company\u2019s team strength has increased\n2.5x since 2020, with strategic high-profile hires across Marketing, Sales,\nProduct, Engineering, and Support functions. Recent customer wins like Adani Group\nin India and IKEA in Saudi Arabia have validated enterprise acceptance of\nWebEngage&#8217;s offerings.<\/p>\n\n\n\n<p class=\"has-text-align-left\">&#8220;We have always believed that the best teams build the best\nproduct and, in the long run, it&#8217;s the best product that wins. This is our 4th\ninvestment in WebEngage and we will continue to back them as far as we can.\nWebEngage also demonstrates our belief that companies that win SaaS in India\ncan go global and repeat their performance,&#8221; said Anand Lunia, Founding\nPartner at India Quotient, on their investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures, and IAN Fund. The round also saw participation from a few family &hellip;<\/p>\n","protected":false},"author":2,"featured_media":54411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-54410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=54410\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures, and IAN Fund. The round also saw participation from a few family &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/indexeconomic.com\/?p=54410\" \/>\n<meta property=\"og:site_name\" content=\"\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-03T11:00:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-03T11:00:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"596\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631\" \/>\n\t<meta name=\"twitter:data2\" content=\"\u062f\u0642\u064a\u0642\u062a\u0627\u0646\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410\"},\"author\":{\"name\":\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#\\\/schema\\\/person\\\/ec72ed13059cd206a1153d37f4287a48\"},\"headline\":\"WebEngage raises $20 million in Series B eyes IPO in three years\",\"datePublished\":\"2022-08-03T11:00:15+00:00\",\"dateModified\":\"2022-08-03T11:00:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410\"},\"wordCount\":490,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/indexeconomic.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/3-2.jpeg\",\"articleSection\":[\"English News\"],\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410\",\"url\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410\",\"name\":\"WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/indexeconomic.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/3-2.jpeg\",\"datePublished\":\"2022-08-03T11:00:15+00:00\",\"dateModified\":\"2022-08-03T11:00:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#\\\/schema\\\/person\\\/ec72ed13059cd206a1153d37f4287a48\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#breadcrumb\"},\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/indexeconomic.com\\\/?p=54410\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ar\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#primaryimage\",\"url\":\"https:\\\/\\\/indexeconomic.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/3-2.jpeg\",\"contentUrl\":\"https:\\\/\\\/indexeconomic.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/3-2.jpeg\",\"width\":1280,\"height\":596},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=54410#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/indexeconomic.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WebEngage raises $20 million in Series B eyes IPO in three years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#website\",\"url\":\"https:\\\/\\\/indexeconomic.com\\\/\",\"name\":\"\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\",\"description\":\"\u062f\u0642\u0629 \u0627\u0644\u062a\u062d\u0644\u064a\u0644\u0627\u062a\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/indexeconomic.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ar\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#\\\/schema\\\/person\\\/ec72ed13059cd206a1153d37f4287a48\",\"name\":\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ar\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g\",\"caption\":\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\"},\"sameAs\":[\"http:\\\/\\\/www.indexeconomic.com\\\/\"],\"url\":\"https:\\\/\\\/indexeconomic.com\\\/?author=2\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/indexeconomic.com\/?p=54410","og_locale":"ar_AR","og_type":"article","og_title":"WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a","og_description":"WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures, and IAN Fund. The round also saw participation from a few family &hellip;","og_url":"https:\/\/indexeconomic.com\/?p=54410","og_site_name":"\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a","article_published_time":"2022-08-03T11:00:15+00:00","article_modified_time":"2022-08-03T11:00:17+00:00","og_image":[{"width":1280,"height":596,"url":"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg","type":"image\/jpeg"}],"author":"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a","twitter_card":"summary_large_image","twitter_misc":{"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629":"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a","\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631":"\u062f\u0642\u064a\u0642\u062a\u0627\u0646"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/indexeconomic.com\/?p=54410#article","isPartOf":{"@id":"https:\/\/indexeconomic.com\/?p=54410"},"author":{"name":"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a","@id":"https:\/\/indexeconomic.com\/#\/schema\/person\/ec72ed13059cd206a1153d37f4287a48"},"headline":"WebEngage raises $20 million in Series B eyes IPO in three years","datePublished":"2022-08-03T11:00:15+00:00","dateModified":"2022-08-03T11:00:17+00:00","mainEntityOfPage":{"@id":"https:\/\/indexeconomic.com\/?p=54410"},"wordCount":490,"commentCount":0,"image":{"@id":"https:\/\/indexeconomic.com\/?p=54410#primaryimage"},"thumbnailUrl":"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg","articleSection":["English News"],"inLanguage":"ar","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/indexeconomic.com\/?p=54410#respond"]}]},{"@type":"WebPage","@id":"https:\/\/indexeconomic.com\/?p=54410","url":"https:\/\/indexeconomic.com\/?p=54410","name":"WebEngage raises $20 million in Series B eyes IPO in three years - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a","isPartOf":{"@id":"https:\/\/indexeconomic.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/indexeconomic.com\/?p=54410#primaryimage"},"image":{"@id":"https:\/\/indexeconomic.com\/?p=54410#primaryimage"},"thumbnailUrl":"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg","datePublished":"2022-08-03T11:00:15+00:00","dateModified":"2022-08-03T11:00:17+00:00","author":{"@id":"https:\/\/indexeconomic.com\/#\/schema\/person\/ec72ed13059cd206a1153d37f4287a48"},"breadcrumb":{"@id":"https:\/\/indexeconomic.com\/?p=54410#breadcrumb"},"inLanguage":"ar","potentialAction":[{"@type":"ReadAction","target":["https:\/\/indexeconomic.com\/?p=54410"]}]},{"@type":"ImageObject","inLanguage":"ar","@id":"https:\/\/indexeconomic.com\/?p=54410#primaryimage","url":"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg","contentUrl":"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/08\/3-2.jpeg","width":1280,"height":596},{"@type":"BreadcrumbList","@id":"https:\/\/indexeconomic.com\/?p=54410#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/indexeconomic.com\/"},{"@type":"ListItem","position":2,"name":"WebEngage raises $20 million in Series B eyes IPO in three years"}]},{"@type":"WebSite","@id":"https:\/\/indexeconomic.com\/#website","url":"https:\/\/indexeconomic.com\/","name":"\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a","description":"\u062f\u0642\u0629 \u0627\u0644\u062a\u062d\u0644\u064a\u0644\u0627\u062a","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/indexeconomic.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ar"},{"@type":"Person","@id":"https:\/\/indexeconomic.com\/#\/schema\/person\/ec72ed13059cd206a1153d37f4287a48","name":"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a","image":{"@type":"ImageObject","inLanguage":"ar","@id":"https:\/\/secure.gravatar.com\/avatar\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/807eb9a4a275ddb2487fd1fb0a47fdf5ded144089bbefe69bd6293cd21b53b18?s=96&d=mm&r=g","caption":"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a"},"sameAs":["http:\/\/www.indexeconomic.com\/"],"url":"https:\/\/indexeconomic.com\/?author=2"}]}},"_links":{"self":[{"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/posts\/54410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54410"}],"version-history":[{"count":1,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/posts\/54410\/revisions"}],"predecessor-version":[{"id":54412,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/posts\/54410\/revisions\/54412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=\/wp\/v2\/media\/54411"}],"wp:attachment":[{"href":"https:\/\/indexeconomic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indexeconomic.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}