Understanding Moglix's Position in the Industrial Market

Moglix has established itself as a leading player in the industrial market, with a strong presence in India and a growing global footprint.

The company has a vast network of over 10,000 suppliers, which enables it to offer a wide range of products to its customers.

Moglix's business model is centered around providing a one-stop-shop for industrial equipment and supplies, making it easier for customers to find what they need.

This approach has helped Moglix to build a loyal customer base, with over 500,000 businesses relying on the platform for their industrial needs.

Moglix is an e-commerce platform that specializes in industrial and MRO (Maintenance, Repair, and Operations) supplies.

Founded in 2015, Moglix has grown rapidly to become one of the largest industrial e-commerce platforms in India.

Moglix offers a wide range of products, including tools, machinery, and equipment, from over 2,000 suppliers.

The platform aims to provide a seamless shopping experience for its customers, with features such as product reviews, price comparisons, and fast shipping.

Moglix has a strong presence in India, with over 1 million registered buyers and a network of over 10,000 suppliers.

The company has also expanded its operations to other countries, including the Middle East and Southeast Asia.

Moglix has received several awards and recognition for its innovative business model and commitment to customer satisfaction.

Moglix is a digital platform that offers over 700,000 industrial products to more than 1,000 businesses nationwide. Headquartered in India, the organization provides an extensive network of suppliers and buyers, as well as advanced logistics solutions that transform the supply chains of manufacturing and industrial businesses.

Moglix has implemented a Google Cloud-powered digital transformation, which includes unified search with natural language query support and automated product descriptions that have contributed to a 4% rise in SEO traffic. This digital transformation has also enabled the company to improve customer experiences and operate more efficiently.

The platform has achieved a 15% improvement in conversion rates through improved brand and category identification through Vertex AI-powered natural language query interpretation.

Moglix operates in a variety of sectors and market segments, including the Mom & Baby Care sector, which is covered in the Sector Report.

Their business is diversified across multiple areas, with the Mom & Baby Care sector being one of them.

The company's focus on this sector suggests that they understand the importance of providing essential products to families with young children.

Moglix's business operations span across various sectors and segments, making them a significant player in the market.

Their presence in the Mom & Baby Care sector indicates that they cater to the needs of a specific demographic, which is a strategic move in the business world.

Moglix has some strong competitors in the B2B e-commerce space. Moglix's main competitor is Udaan, which has raised a whopping $1.99 billion in funding and has a Tracxn score of 70/100.

Udaan is a well-established player in the market, operating an e-commerce platform for business-to-business sales and distribution. Moglix, on the other hand, has secured $471 million in funding and boasts a Tracxn score of 82/100.

Other notable competitors include ProcMart, which offers procurement and supply chain solutions, and Tradeling, a B2B marketplace offering multi-category products. ProcMart has raised $40.3 million in funding and has a Tracxn score of 61/100, while Tradeling is an unfunded company with a Tracxn score of 60/100.

Here's a list of Moglix's top competitors and alternates, ranked by their Tracxn score:

Moglix, a digital platform for industrial businesses, has successfully implemented a Google Cloud-powered digital transformation. This transformation has improved customer experiences, operational efficiency, and governance.

The company has integrated Vertex AI to deliver unified search with natural language query support, resulting in a 4% rise in SEO traffic due to automated product descriptions.

A chatbot powered by Vertex AI provides users with almost immediate responses to product questions, enhancing the customer experience.

Moglix executives can rapidly discover corporate and external information for use in presentations and meetings with another Vertex AI-powered chatbot.

Improved brand and category identification through Vertex AI-powered natural language query interpretation has delivered a 15% improvement in conversion rates on the Moglix platform.

Moglix's AI strategy executed through Google Cloud supports initiatives that enhance the customer experience, improve productivity, or boost governance.

The organization offers over 700,000 industrial products to more than 1,000 businesses nationwide, providing a digital platform, an extensive network of suppliers and buyers, and advanced logistics solutions.

Moglix has raised a total funding of $471 million over 9 rounds, with its first funding round taking place on October 30, 2015. Its latest funding round was a Series F round on January 25, 2022, for $250 million.

Moglix has 22 institutional investors, including Accel, IFC, and Jungle Ventures. Ratan N Tata and 10 others are also Angel Investors in Moglix.

Moglix's latest funding round was led by Alpha Wave Global, Tiger Global Management, and WFM Asia. This round brought the company's post-money valuation to an impressive $2.46 billion.

Here's a breakdown of Moglix's funding rounds:

Moglix's total expenditure jumped 80.5% to $593.6 Mn in FY23 from $328.8 Mn in FY22.

Procurement costs were the biggest expense for the startup, with a 84% increase to $527.1 Mn in FY23 from $286.5 Mn in the previous year.

Employee benefit costs, also known as administrative expenses, grew 35.5% to $35.3 Mn in FY23 from $26.1 Mn in the previous year.

The startup laid off around 200 employees, but still managed to increase its employee benefit expenses.

Selling and advertising expenses rose to $11.5 Mn, up 23% from $9.4 Mn in the previous year.

Moglix's founder, Garg, received a salary of $253.7K in FY23 and bought back shares worth $10 Mn from himself during the same year.

As of March 31, 2023, Garg held a 12.6% stake in the startup.

Moglix has several legal entities associated with it, including Mogli Foundation, Mogli Finance Private Limited, MOGLI LABS PRIVATE LIMITED, and Mogli Labs (india) Private Limited.

For another approach, see: Odisha Coal and Power Limited

Mogli Foundation was incorporated on June 29, 2021, and is active in India, while Mogli Finance Private Limited was incorporated on December 13, 2018, and has a revenue of $159K as of March 31, 2022.

Here are some key facts about Moglix's legal entities:

Mogli Labs (india) Private Limited has the highest revenue among these entities, with $572M as of March 31, 2024.

Rahul Garg is the Founder & CEO of Moglix, a position he has held since the company's inception. He is also a seasoned entrepreneur, having founded three other companies: Pocket, GreenGST, and Mogli Labs.

Rahul Garg is involved in the startup ecosystem as an angel investor, having invested in 25 startups. He also serves on the boards of four companies.

Here are the key leadership positions held by Rahul Garg:

Rahul Garg's contact information includes two email addresses and one phone number.

The Board of Directors plays a crucial role in a company's governance and decision-making process. They ensure the company is run in the best interest of its stakeholders.

Rahul Garg has been a part of Moglix's Board of Directors for over 10 years, serving as a team member. His extensive experience has been invaluable to the company.

Navroz D Udwadia and Anurag Sindhwani represent Alpha Wave Global and Jungle Ventures respectively on the Board. They have been serving the company for 4 and 8 years respectively.

Amit Anand, who also represents Jungle Ventures, served the company for about 1 year and 11 months before stepping down. Griffin Schroeder, representing Tiger Global Management, also had a stint on the Board but left after 2 years and 9 months.

Subrata Mitra and Manoj Kumar Kohli are independent board members, with Subrata serving the company for over 6 years and Manoj for about 2 years. Unfortunately, Wang Pengfei, another independent board member, left the company after 2 years.

Moglix has multiple legal entities associated with it. These entities include Mogli Foundation, Mogli Finance Private Limited, MOGLI LABS PRIVATE LIMITED, and Mogli Labs (india) Private Limited.

A different take: Ringing Bells Private Limited

Mogli Foundation was incorporated on June 29, 2021, and is currently active in India.

The company Mogli Finance Private Limited was established on December 13, 2018, and had a revenue of $159K as of March 31, 2022. As of May 31, 2025, it had 45 employees.

MOGLI LABS PRIVATE LIMITED was incorporated on December 31, 2014, and is active in Singapore. It has a large employee count, with 1368 employees as of October 31, 2024.

Mogli Labs (india) Private Limited was established on May 8, 2015, and had a revenue of $572M as of March 31, 2024. As of April 30, 2025, it had 1333 employees.

Here are the key details about Moglix's legal entities in a table: