Type Private Area served Worldwide Founder Rahul Garg Motto B2B Commerce Simplified | Industry Internet Website moglix.com Founded 2015 | |
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Services E-commerce
(Online shopping) |
Moglix where business meets technology
Moglix is an Indian B2B E-commerce marketplace which specializes in B2B procurement of industrial products such as MROs, power tools, fasteners, electrical devices, industrial lubricants. It currently deals in 21+ industrial categories and has about 1,000 sellers on its marketplace. The company is headquartered in Singapore and also has an operating office in NCR, India.
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Moglix raised a seed funding of $1.5 million from venture capital firms like Jungle Ventures, Singapore and Accel Partners, US. Its advisory panel includes industry veteran Ratan Tata (Chairman emeritus, Tata Sons) making his investment in a manufacturing tech start-up.
Moglix has entered into an incubator-mentor relationship in June 2016 with German software giant SAP. Moglix operates in a just in time model and procures when it receives an order.