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