Automation platform WebEngage raises $20 million in funding led by Singularity Growth

Market automation platform WebEngage on Tuesday said it has raised $20 million in funding led by Singularity Growth Opportunities Fund and SWC Global.

Existing investors, including India Quotient, Blume Ventures and IAN Fund also participated in the funding. The round saw participation from a few family offices and angel investors such as Unmaj Corporation, NB Ventures, BharatPe cofounder Shashvat Nakrani, and TVS Capital chairman Gopal Srinivasan, among others.