Marketplace for MRO goodsWebsite
Marketplace for MRO goods
Moglix is serving the procurement pain points and demands of industrial products such as MRO, Fasteners, Electrical, Hardware, and Safety items etc. It operates two platforms : Moglix Online – an online marketplace for individual retailers to purchase a large assortment of products; and Moglix Business – where Moglix partners with large industrial groups and has a cloud-platform providing full visibility of the customer’s procurement needs which it serves by supplying to the facilities.
In the news
Moglix raises USD 60 mn from Tiger Global, othersThursday 11 Jul 2019The Times of India
B2B commerce firm Moglix Thursday said it has closed a funding round of USD 60 million (about Rs 410 crore), led by investment firm Tiger Global. The series-D round also saw participation from Sequoia India and Composite Capital, a statement by the company said. The company's current investors include Accel Partners, Jungle Ventures, IFC, Venture Highway and Tata Sons Chairman Emeritus Ratan Tata, it added.
Moglix raises $23M to digitize India’s manufacturing supply chainTuesday 18 Dec 2018TechCrunch
This new round was led by some impressive names that Moglix counts as existing investors: Accel Partners, Jungle Ventures and World Bank-affiliated IFC. Other returning backers that partook include Venture Highway, ex-Twitter VP Shailesh Rao and InnoVen Capital, a venture debt fund affiliated with Singapore’s Temasek.
Moglix raises $12M Series BThursday 6 Jul 2017
Moglix launched in 2015 as an online store for tools and construction supplies, but now it’s venturing into enterprise software with the launch of GreenGST to help Indian manufacturers become compliant with the country’s new tax codes...