Sandeep Goel Brings in Technology-first Approach
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
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 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 and IFC lead $23M Series C funding into Moglix
Accel US and 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
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
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
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.
Should B2B marketplace look beyond SMEs
Should B2B marketplace look beyond SMEs
Over the past three months, B2B e-commerce marketplace Industrybuying has slashed its workforce to fewer than 300
Moglix eyes 20% of east mkt in 1 yr
Moglix eyes 20% of east mkt in 1 yr
Kolkata: Ratan Tata-backed B2B player Moglix has quietly forayed into eastern India, starting with Kolkata. With a planned investment of $1 million over the next 12 months at the Kolkata centre, the industrial commodities procurement firm looks to capture around 20% of the market in the east over the next year.
Moglix to expand to more towns
Moglix to expand to more towns
Moglix, the Ratan Tata-backed B2B e-commerce start-up, is looking to expand to more towns and set up warehouses to tap into the ‘growth spurt’ in online procurement of industrial products. The company plans to add five-to-seven warehouses and increase its penetration by entering at least 7-8 industrial manufacturing towns over the next 12-18 months.
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