Moglix Business is a leading player in Asia's B2B commerce realm, aiming to revolutionize end-to-end supply chains from procurement to distribution. Since its establishment in 2015, Moglix has rapidly grown to become one of the largest B2B commerce companies in Asia, with a particular focus on leveraging technology to revolutionize procurement and supply chain operations within the manufacturing sector. The current landscape of global B2B commerce is predominantly offline, lacking the integration of modern technologies to enhance business performance. Many organizations grapple with the management of sprawling networks of offline vendors, cost control across various facilities, and the absence of clean master data for spend analysis. Moglix aims to address these challenges by translating the seamless experience of digital commerce in personal purchases into the realm of business procurement. The company recently completed a noteworthy $250.00M Series F investment on 28 January 2022, attracting major investors such as Tiger Global Management, Alpha Wave Global, and Ward Ferry Management. With its headquarters in India, Moglix's sustained growth and significant investments underscore its potential to continue driving technological innovation in B2B commerce, shaping the future of industrial supply chains in Asia and beyond.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series F | $250.00M | 3 | Ward Ferry Management | 28 Jan 2022 |
Series E | $120.00M | 5 | Harvard Management Company | 17 May 2021 |
Series D | $60.00M | 10 | Ratan Tata, Composite Capital Management +1 | 11 Jul 2019 |
Series C | $26.00M | 5 | Kalyan Krishnamurthy | 11 Mar 2019 |
Series B | $12.00M | 5 | Shailesh Rao | 06 Jul 2017 |
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