Founded by Rahul Garg , Moglix is a leading B2B e-commerce platform specializing in the procurement of industrial products. Established in 2015 and headquartered in Singapore and Noida, Moglix connects manufacturers and suppliers with large-scale enterprises across sectors. The company provides an end-to-end supply chain solution covering procurement, financing, and logistics for over 500,000 products.
Metric | Detail |
---|---|
Founding Year | 2015 |
Headquarters | Singapore / Noida, India |
Website | moglix.com |
Valuation | $2.6 Billion |
Date | Round | Amount Raised | Investors |
---|---|---|---|
Jan 2022 | Series F | $250M | Alpha Wave Global, Tiger Global, Ward Ferry |
May 2021 | Series E | $120M | Harvard Management, Falcon Edge, Venture Highway |
Jun 2019 | Series D | $60M | Tiger Global, Accel, IFC |
Nov 2018 | Series C | $23M | Accel, IFC, Venture Highway |
Moglix has shown strong revenue growth over the past few fiscal years. While profitability is still a work in progress, the company is narrowing its losses through better operational efficiency and a growing customer base.
The EBITDA margins have improved marginally year-over-year. As Moglix scales operations and optimizes procurement costs, its margins are expected to further stabilize.
Moglix has expanded its workforce to support its rapid scale-up across supply chain management and technology. The employee count has steadily increased, reflecting healthy internal growth.
Moglix recently secured large supply contracts from multiple Fortune 500 companies and launched a new B2B procurement automation suite. It also opened its first office in the Middle East to cater to cross-border enterprise procurement needs.
Moglix stands at the forefront of B2B commerce in Asia with a focus on streamlining industrial procurement. Its full-stack supply chain tech and diversified product portfolio make it a strong contender in the manufacturing and construction industries. The company's consistent funding and international expansion efforts indicate positive growth momentum.
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