B2B Commerce Unicorn Moglix Acquires Vendaxo
Moglix is proud and delighted to announce our recent acquisition of Vendaxo, an e-commerce platform for buying and selling used machinery. In a quest to build the operating system for the manufacturing sector, this acquisition will bring together complementary portfolios of manufacturing assets and will enable us to provide faster and scalable solutions to a larger number of customers at ease.
Vendaxo provides used machinery liquidation solutions to MSMEs and companies like Siemens, Arvind India, Marico, Raymond, and Torrent Pharma. This integration of Vendaxo in the Moglix ecosystem will prove to be a significant step in strengthening the vision of creating a sustainable and capital-efficient manufacturing ecosystem.