Moglix Raises $120M in Series B; Valued at $1 Billion

18 May, 2021

Moglix Raises $120M in Series B; Valued at $1 Billion
Photo by K. Mitch Hodge on Unsplash

– Moglix is an Indian industrial B2B commerce platform focused on the manufacturing space.
– The company provides solutions to more than 500,000 SMEs and 3,000 manufacturing plants across India, Singapore, the UK and the UAE.
– In this latest round of funding, the company raised $120m.
Accel Partners, Jungle Ventures and Venture Highway have been the earliest investors in the company.
– The company has in-subsequent rounds received investments from leading global venture capital funds such as Tiger Global, Sequoia Capital India, International Finance Corporation and Composite Capital among others.

B2B E-Commerce Marketplace Mobile Southeast Asia
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