Software-as-a-service provider MoEngage has acquired San Francisco-based startup Aampe, which builds autonomous artificial intelligence agents for individual users, marking its first acquisition as the company looks to deepen its AI capabilities.
MoEngage cofounder and chief executive Raviteja Dodda did not disclose the financial terms of the deal while speaking to ET. The company, he said, is evaluating more inorganic growth opportunities, particularly in markets such as the US and Europe.