October 27, 2018

Moglix Ranked 1st in Deloitte Indias Technology Fast 50 Awards 2018

Moglix Ranked 1st in Deloitte Indias Technology Fast 50 Awards 2018

It gives us great pleasure to announce that Moglix has won the Deloitte’s Fast 50 India Award 2018. The award annually recognizes India’s faster growing and most dynamic technology businesses based on their percentage revenue growth over the past three financial years.

Moglix ranks #1 in the 50 big and small businesses that were recognized in an award ceremony organized by Deloitte India in Bangalore on 26th October 2018. Moglix recorded massive 11, 836% of average growth rate, followed by Rank #2, Razorpay at 11,174%, and Rank #3 , Cashify at 6,853%. To read the full report, please click here.

Moglix, currently serves the manufacturing sector, both institutional customers (B2B) and individual customers (B2C). The top three sectors include Automotive sector, metals and mining and FMCDs. It has over 300 large manufacturing clients and 220K+ SMEs as well as 5000+ supplier partnerships across 35+ categories. Some of our large customers include Vedanta, Lumax Industries, Unilever, GSK, Havells, Uno Minda, and Tata Hitachi.

We are grateful to our investors, partners, supplies, SMEs, and customers for their support and trust, which has led us to accomplish such an amazing feat.

This award is a step forward in realizing our vision to digitize every aspect of supply chain and B2B commerce. We will continue to transform the unorganized and manual and develop solutions to reimagine supply chain through technology. We are honoured to receive such an illustrious award that touts us as the fastest growing business in India. Going forward, we wish to continue our aspiration to become a global B2B commerce company and expand to at least two countries in the next five years.