Moglix news and trends

Euler Motors Gets $5M Towards EV Work
Investments // April 17, 2022

Euler Motors, an electric vehicle (EV) manufacturing startup based in New Delhi, India, has raised $5 million from Moglix, a B2B industrial goods market, according to a Sunday (April 17) Entrackr report. The report noted this might be a part of the startup’s Series B...

Indian B2B eCommerce Unicorn Moglix Boosts Valuation to $2.6B
B2B Payments // January 28, 2022

Indian business-to-business (B2B) eCommerce platform Moglix on Friday (Jan. 28) announced it has raised $250 million in its most recent fundraising round and its valuation is up to $2.6 billion, according to an Economic Times report. Existing investors Tiger Global and Alpha Wave Global led...

Today In B2B Payments: B2Z Insurance Talks Real-Time Payouts; KPMG Canada Debuts SMB Accounting Tool
B2B Payments // May 18, 2021

Today in B2B payments, B2Z Insurance talks real-time payments, and KPMG launches an accounting tool for Canadian SMBs. Plus, Bamboo Payment discusses cross-border B2B payments across Latin America, Moglix raises funding for its B2B eCommerce technology and Nium launches a maritime B2B payments solution. B2B...

Indian B2B eCommerce Firm Moglix Lands $120 Million In Funding
B2B Payments // May 17, 2021

Moglix, located in India, landed $120 million in new funding, bringing its valuation to a billion dollars to transform the company into a new unicorn. The industrial B2B commerce company has raised $220 million in total funds with the newest round, according to a Monday (May...

Quick Reads
Credlix Expands Supply-Chain Financing Offering to Mexico

September 15, 2024
Supply-chain financing solutions provider Credlix says it is expanding into Mexico. The company announced the expansion — bolstered by a $50 million investment from B2B eCommerce brand Moglix — last week, saying it is in line with Credlix’s goal of helping exporters in developing markets to meet the rising import demand from American businesses “for […]