Moglix lands $60 million in Series D funding
MogliLabs, which owns and operates B2B industrial goods marketplace Moglix, has raised $60 million (about Rs 412 crore) in its latest funding round led by Tiger Global Management and Sequoia Capital.
Moglix onboards Unilever as its SAAS client
Moglix onboards Unilever, one of the world’s largest FMCG companies, as a client for its SaaS business, creating a contract automation tool for the Anglo-Dutch giant.
Flipkart CEO invests in Moglix
Flipkart’s Chief Executive Officer (CEO) Kalyan Krishnamurthy has made a personal investment in B2B e-marketplace Moglix.
Sandeep Goel Brings in Technology-first Approach
Moglix announced the appointment of Sandeep Goel as the Senior Vice President – Technology. Sandeep will be responsible for bringing in a technology first thinking to the overall commerce business.
Recent FDI Amendment Can Hurt Startups
With marquee investors like IFC, Accel and Ratan Tata on its side, the Noida-based Moglix is a B2B industrial goods marketplace that aims to digitally transform the country’s supply chain of manufacturing sector.
Moglix receives $23 million in Series C funding
Moglix, one of India’s fastest growing B2B commerce and logistics companies, on Monday said it has closed $23 million Series C funding from investors led by Accel Partners, Jungle Ventures, IFC and Innoven Capital.
Accel US & IFC lead $23M Series C funding into Moglix
The third round of funding comes about 15 months after the Singapore and Noida-based company, which also counts Accel India, Jungle Ventures, IFC and former WhatsApp senior executive Neeraj Arora among its list of backers, closed its $12million Series B funding.
Moglix Solves Supply Chain Challenges for Businesses
Over the past decade, when everybody was focusing on solving problems of end consumers, Rahul Garg, founder and CEO of Moglix, was looking to find pain points of businesses and how to resolve them. He started out with a simple statement in 2015: “How can we re-imagine B2B commerce with technology?” And he entered a segment which had not seen innovation in a long while, and that is how the B2B e-commerce startup came in to being.
Moglix fastest growing tech company: Deloitte India
Deloitte announced the 50 fastest growing technology companies in the country as part of its Technology Fast 50 India 2018 program. The cumulative revenue of the top 10 winners has jumped from Rs 18 crore in 2016 to almost Rs 500 crore in 2018, marking a growth of almost 28x, said a statement.
Bringing a radical shift by uplifting SME suppliers
In an increasingly connected world its surprising that millions of small and medium enterprises are still unable to benefit from the fruits of online commerce by getting on B2B platforms.