About WebEngage
WebEngage is a company based in Mumbai (India) founded in 2011 by Avlesh Singh and Ankit Kumar Utreja.. WebEngage has raised $32.67 million across 12 funding rounds from investors including Capillary Technologies, BlackSoil and Social Capital. The company has 426 employees as of January 08, 2025. WebEngage operates in a competitive market with competitors including Twilio, Braze, Capillary Technologies, Gupshup and CleverTap, among others.
- Headquarter Mumbai, India
- Employees 426 as on 08 Jan, 2025
- Founders Avlesh Singh, Ankit Kumar Utreja
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Webklipper Technologies Private Limited
- Date of Incorporation 13 Oct, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$17.57 M (USD)11.82as on Mar 31, 2024
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Net Profit
$-8.26 M (USD)-198.6as on Mar 31, 2024
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EBITDA
$-8.31 M (USD)-216.56as on Mar 31, 2024
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Total Equity Funding
$32.67 M (USD)
in 12 rounds
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Latest Funding Round
$20 M (USD), Series B
Jun 22, 2022
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Investors
Capillary Technologies
& 41 more
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Employee Count
426
as on Jan 08, 2025
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Funding Insights of WebEngage
WebEngage has successfully raised a total of $32.67M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series B — $20.0M
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First Round
First Round
(11 Aug 2011)
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - WebEngage | Valuation | SWC | |
| Jan, 2022 | Amount | Series A - WebEngage | Valuation | Blume Ventures , India Quotient |
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| Oct, 2021 | Amount | Series A - WebEngage | Valuation | Blume Ventures , India Quotient |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WebEngage
WebEngage has secured backing from 42 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Capillary Technologies, BlackSoil and Social Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are managed by SWC.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WebEngage
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WebEngage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Webengage Comparisons
Competitors of WebEngage
WebEngage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twilio, Braze, Capillary Technologies, Gupshup and CleverTap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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| domain | founded_year | HQ Location |
AI-based omnichannel customer engagement solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
AI-powered loyalty management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Tools for customer engagement across multiple channels are provided.
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| domain | founded_year | HQ Location |
Cloud-based customer engagement platform for messaging and analytics is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Webengage
Frequently Asked Questions about WebEngage
When was WebEngage founded?
WebEngage was founded in 2011.
Where is WebEngage located?
WebEngage is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of WebEngage?
Avlesh Singh is the current CEO of WebEngage. They have also founded this company.
Is WebEngage a funded company?
WebEngage is a funded company, having raised a total of $32.67M across 12 funding rounds to date. The company's 1st funding round was a Series A of $5.14M, raised on Aug 11, 2011.
How many employees does WebEngage have?
As of Jan 08, 2025, the latest employee count at WebEngage is 426.
What is the annual revenue of WebEngage?
Annual revenue of WebEngage is $17.57M as on Mar 31, 2024.
What does WebEngage do?
WebEngage was founded in 2011 in Mumbai, India, as a provider of a customer data platform and marketing automation suite. User engagement and retention are managed through automated communications across various channels in the users lifecycle. Features such as omnichannel engagement, customer segmentation, data integration, marketing analytics, and web personalization are included. Services are extended to industries including gaming, travel and hospitality, and entertainment.
Who are the top competitors of WebEngage?
WebEngage's top competitors include Twilio, Affle and Capillary Technologies.
Who are WebEngage's investors?
WebEngage has 42 investors. Key investors include Capillary Technologies, BlackSoil, Social Capital, Nava Limited, and Amicorp Group.
What is WebEngage's valuation?
The valuation of WebEngage is $77.42M as of Jun 2022.
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