HomeSingaporeMoglix Raises $250M in Series F; At $2.6 Billion Post-Money Valuation

Moglix Raises $250M in Series F; At $2.6 Billion Post-Money Valuation

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Moglix

Moglix, a Singapore-based Global marketplace for Business & Industrial supplies, raised $250m in Series F funding at a $2.6 billion post-money valuation.

This round was led by Tiger Global and Alpha Wave Global with Ward Ferry coming on board as a new investor

The company, which has now raised $470 million in total funding to date, intends to use the funds to expand operations and its business reach.

Led by Rahul Garg, CEO & Founder, Moglix is a B2B marketplace and procurement platform for manufacturing goods focused on B2B procurement of industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and other industry essentials.

The company is 880+ strong and headquartered in Singapore with a warehouse and logistics network, providing procurement services across India, Europe, SEA, UK and UAE.

Moglix has offices in Noida, India, and Abu Dhabi, UAE.

FinSMEs

31/01/2022

THE DAILY NEWSLETTER - SIGNUP