Moglix, a leading B2B e-commerce platform, has made a significant move in the industrial procurement and sustainable packaging sectors by acquiring Khatema Fibres, a well-established paper manufacturing company, for Rs 80 crore. This acquisition strengthens Moglix’s commitment to sustainability and aligns with its broader vision of supporting India’s growth goals under the “Viksit Bharat”…
Business-focused mechanical products marketplace Moglix had turned unicorn with a $120 million financing round led by Falcon Edge Capital and Harvard Management Company in May. While the organization just disclosed essential mixture, there is a secondary component in the round where three of its early backers have offloaded a piece of their property.
Accel, IFC and Tanglin’s incomplete…
Moglix, a Noida-based B2B mechanical merchandise internet business commercial center, on Monday reported that it has brought $120 million up in Series E round drove by Falcon Edge Capital and Harvard Management Company (HMC). Existing financial backers including Tiger Global, Sequoia Capital India and Venture Highway likewise partook in this round.
With this round, Moglix turns into the first…
