MUMBAI, India–(BUSINESS WIRE)–Apr. 21, 2021
WebEngage, a full-stack Marketing Automation company, has been recognized by Financial Times as one of Asia-Pacific’s top 500 high-growth companies, debuting in the list at rank 206 to emerge as a rapidly-growing company.
The recognition cements the Mumbai-headquartered company’s reputation as a leading global martech platform for digital consumer businesses. WebEngage’s inclusion as a high-growth company comes from its Absolute Growth Rate of 233.7% and a CAGR of 49.4% between 2016-19.
Recently, WebEngage registered another notable mention as one of India’s fastest-growing companies in the year 2021 by The Economic Times and Statista.
Talking about the recognition, Avlesh Singh, Chief Executive Officer, said, “It is an exhilarating moment for us to be recognized as one of the high-growth companies in the APAC region by FT. We are in the 10th year of our operations, and it's been a great ride building a much-loved brand. Over the years, we have successfully enabled consumer brands to create immersive digital experiences and drive tangible business results. We have grown steadily despite the impact of COVID in 2020. We are on track to deliver 100% growth in 2021, thanks to the love shown to us by our amazing customers who are striving to deliver delightful experiences powered by intelligent engagement.”
WebEngage started as a web-based tool and later pivoted to a full-stack marketing automation platform over the years. The brand is a leader in the Software-as-a-Service (SaaS) space and drives growth via intelligent engagement and retention for some of the world’s leading brands in 35 countries. WebEngage serves thousands of mid-market and enterprise customers in 35 countries across verticals like E-Commerce, Fintech, Online Retail, Edtech, Foodtech, Travel and OTA, Gaming, etc. WebEngage counts Blume Ventures, Indian Angel Network Fund, Capital Group, Social Capital, and India Quotient as marquee investors.
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