What is Moglix?
Founded in 2015, Moglix operates a sophisticated B2B marketplace dedicated to the procurement of industrial products, including MRO, electrical components, safety equipment, and hardware. The platform serves as a critical digital infrastructure for enterprises, facilitating price discovery and ensuring product availability through a robust supply chain network. By integrating technology into traditional industrial procurement, Moglix addresses long-standing inefficiencies in the B2B sector, positioning itself as a vital partner for manufacturing and infrastructure firms. Its dual presence in Singapore and India allows it to tap into diverse industrial hubs, further cementing its market leadership.
How much funding has Moglix raised?
Moglix has raised a total of $470.7M across 7 funding rounds:
Angel/Seed
$1.5M
Series A
$4.2M
Series B
$12M
Series C
$23M
Series D
$60M
Series E
$120M
Series F
$250M
Angel/Seed (2015): $1.5M with participation from Jungle Ventures and Accel Partners
Series A (2016): $4.2M led by SeedPlus, Accel Partners, and Jungle Ventures
Series B (2017): $12M supported by Accel Partners, International Finance Corp, Jungle Ventures, and Venture Highway
Series C (2018): $23M featuring Accel Partners, International Finance, Jungle Ventures, Venture Highway, Shailesh Rao, and InnoVen Capital
Series D (2019): $60M backed by Tiger Global, Composite Capital, and Sequoia India
Series E (2021): $120M with participation from Sequoia Capital India, Tiger Global Management, Harvard Management Company, Falcon Edge Capital, and Venture Highway
Series F (2022): $250M led by Alpha Wave Global, Tiger Global Management, and Ward Ferry Management
Key Investors in Moglix
Accel Partners
A premier global venture capital firm that partners with founders from inception through all phases of company growth, known for its early-stage support of transformative technology companies.
Tiger Global Management
An investment firm deploying capital in both public and private markets, focusing on high-growth technology companies with significant scale potential.
Jungle Ventures
A Singapore-based venture capital firm that specializes in building and scaling early-stage technology companies across Southeast Asia and India.
What's next for Moglix?
With the recent infusion of capital, Moglix is well-positioned to accelerate its strategic roadmap, which likely includes deepening its technological moat and expanding its geographic footprint. The company is expected to focus on enhancing its AI-driven procurement tools and scaling its logistics capabilities to meet the rising demand for digitized industrial supply chains. As it moves toward potential public market readiness or further consolidation, the focus will remain on maintaining its growth velocity while optimizing operational efficiency across its enterprise-level client base.
See full Moglix company page
