Tiger Global-backed Moglix expands packaging portfolio with ₹80 crore Khatema Fibres acquisition

Business-to-business (B2B) e-commerce unicorn Moglix has acquired Uttarakhand-based Khatema Fibres Ltd, a manufacturer of eco-friendly paper products, for approximately ₹80 crore, as part of its strategy to bolster its sustainable packaging portfolio and cement its leadership in the industrial procurement space.

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