MoEngage Plans Major Shift to India

• MoEngage, backed by Goldman Sachs, is considering relocating its headquarters from San Francisco to India.
• Founded in 2014 by Raviteja Dodda and Yashwanth Kumar, MoEngage specializes in enhancing customer engagement for consumer brands.
• The startup has raised over $207 million in funding, with investors including Eight Roads Ventures and Exfinity Venture Partners.
• The move aligns with a trend of 'reverse flipping', where startups shift base to India for better IPO prospects and investor access.
• Inc42 has reached out to MoEngage's CEO for comments, and updates will be provided as the story develops.

Source: Inc42