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Moglix

Category: AI in Supply Chain / Logistics

A leading B2B industrial commerce and supply chain platform that provides an AI-led end-to-end procurement operating system for the manufacturing sector. Moglix was founded in 2015. The company is led by Rahul Garg. Based in Noida, India. Team size: 1000-5000. Total funding raised: ~$471M total. Latest round: Series F ($250M, Jan 2022) at $2.6B valuation. Key investors include Tiger Global Management, Alpha Wave Global, Accel, Jungle Ventures, International Finance Corporation (IFC), Harvard Management Company, Ratan Tata.

Founded
2015
Headquarters
Noida, India
Team size
1000-5000
Total funding
~$471M total

Value proposition

Digitizes the fragmented industrial supply chain to provide transparency, cost savings, and efficiency through a unified 'Procurement-to-Pay' software and fulfillment ecosystem.

Products and solutions

Cognilix: An AI-powered procurement operating system for enterprise supply chain automation., Moglix.com: A B2B marketplace offering 500,000+ SKUs across MRO, safety, and industrial tools., Credlix: A supply chain financing platform providing collateral-free working capital to MSMEs., Moglix Business: Custom enterprise solutions for strategic sourcing and vendor-managed inventory (VMI)., Moglix Supply Chain: Integrated logistics, warehousing, and last-mile delivery services for industrial goods.

Unique value

Moglix is unique for its 'full-stack' approach, combining a massive physical distribution network with a sophisticated AI-led SaaS layer (Cognilix) to solve procurement leakages.

Target customer

Large manufacturing enterprises (Fortune 500), Public Sector Undertakings (PSUs), and mid-to-large scale industrial SMEs.

Industries served

Automotive, FMCG & Pharma, Chemicals & Fertilizers, Infrastructure & Construction, Oil & Gas, Mining & Metals

Technology advantage

Leverages proprietary AI for automated catalog mapping and price discovery, alongside a network of 16,000+ suppliers and 40+ warehouses to ensure high fulfillment rates in a traditionally fragmented market.

How they differentiate

Moglix differentiates through a 'full-stack' approach that integrates a B2B marketplace with a proprietary AI-led SaaS layer (Cognilix) and supply chain financing (Credlix). Unlike pure marketplaces, it provides an end-to-end 'Procurement Operating System' that automates catalog mapping and price discovery for large-scale manufacturing.

Main competitors

Zetwerk, Infra.Market, Industrybuying, Power2SME

Key partnerships

Strategic investment and mentorship from Ratan Tata., Partnerships with major financial institutions for Credlix supply chain financing., Collaborations with government entities and PSUs for digital transformation of industrial procurement.

Notable customers

Hero MotoCorp, Vedanta, Tata Steel, Unilever, Air India, NTPC

Major milestones

Became a Unicorn in May 2021 following a $120M Series E round, Launched Credlix in 2021 to provide supply chain financing to MSMEs, Doubled valuation to $2.6B in January 2022, Launched Cognilix in late 2024, an AI-led procurement platform with a $5M scaling commitment

Growth metrics

Achieved a valuation of $2.6 billion; reported FY24 revenue of ₹4,964 Cr (approx. $600M), representing significant scale-up from previous years.

Market positioning

Market leader in the Indian MRO (Maintenance, Repair, and Operations) and industrial B2B commerce space; currently transitioning from a marketplace-heavy model to a global supply chain software-as-a-service (SaaS) provider.

Geographic focus

India (Primary), United Arab Emirates, Singapore, and United Kingdom.

Patents and IP

Founder Rahul Garg holds 16 US patents in wireless systems and algorithm design; the company maintains proprietary IP for its supply chain operating system and AI-led procurement modules.

About Rahul Garg

Rahul Garg is a seasoned technology leader and entrepreneur with over 20 years of experience. Before founding Moglix, he spent 5 years at Google as the Head of AdX (Advertising Exchange) for India, Southeast Asia, and Korea. His earlier career includes roles at Ittiam Systems, Motorola (Freescale), and Conexant. He is a prolific inventor holding 16 US patents in the fields of wireless systems and algorithm design.

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