Moglix
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Moglix - overview
Established
2015
Location
Singapore, -, Singapore
Primary Industry
Internet
About
Based in Singapore, and founded in 2015, Moglix is a B2B (Business-to-Business) commerce company that provides procurement, packaging, and supply chain solutions to SMEs (Small and Medium-sized Enterprises) and manufacturers. The company also has offices in India and UAE. In May 2021, Moglix raised USD 120 million in series E funding from Falcon Edge Capital and Harvard Management Company, and in July 2021, the firm acquired Vendaxo. In January 2022, Moglix raised USD 250 million in Series F funding from Alpha Wave Global and Tiger Global Management.
As of November 2022, Moglix is led by its founder and CEO, Rahul Garg, and has more than 880 employees. The company primarily operates a B2B online marketplace for industrial goods, consisting of more than 300,000 SKUs (stock-keeping units) across a wide range of products including hand tools, power tools, electrical products, fasteners, pumps and motors, office furniture and decor, hardware and much more. In addition, the firm provides primary, secondary, tertiary, and eco-friendly packaging solutions and procurement digitization solutions for its customers. Furthermore, Moglix helps industrial product manufacturers overcome their production challenges through its customized Manufacturing-as-a-Service (MaaS).
The firm serves various industrial markets including FMCG, chemical, cement, oil and gas, fashion, auto, metal, mining, and pharmaceuticals, etc. The company generated a revenue of USD 53. 8 million in 2020 and USD 105. 2 million in 2021.
Moglix plans to utilize the January 2022 funding to better serve the demands of Indian companies, by creating a manufacturing ecosystem in India.
Current Investors
Accel, Jungle Ventures, Seed Plus Venture
Primary Industry
Internet
Sub Industries
Business Support Services, Furniture, Home Improvement & DIY, Industrial Wholesalers, Packaging, Search Engines, Web Applications, Software
Website
www.moglilabs.com
Verticals
E-commerce, Manufacturing
Company Stage
Series F
Total Amount Raised
Subscriber access only
Moglix - timeline of key events
Moglix - employee data
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