Moglix
People
Moglix lays off up to 3% workforce
Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian startups that have slashed ......
Consumer
Moglix in talks to raise $100-150 mn
Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing investors, said three ......
TMT
Moglix acquires ADI's India distribution business
Tiger Global-backed industrial goods marketplace Moglix has acquired ADI Global Distribution’s India distribution business to bolster portfolio across video surveillance, ......
People
Accel will continue to make a third of fresh investments in Indian online marketplaces
Global venture capital firm Accel, an early investor in startups like Flipkart and Swiggy, will continue to place big bets ......
TMT
B2B platform Saveo raises funds at $50 mn valn
Bengaluru-based Saveo Healthtech Pvt Ltd, which operates a business-to-business e-commerce platform focused on pharmacies, has secured $4.5 million (around Rs ......
Finance
Moglix backer Jungle Ventures hits final close of fourth VC fund at $600 mn
Jungle Ventures, which counts Indian startup unicorns such as Moglix and Livspace as its investee companies, has marked the final ......
TMT
Rocketship.vc sees no 'let up' in fintech deals; plans bets on space tech, Web3
Silicon Valley-based venture capital firm Rocketship.vc says it does not see any 'let up' in its interest around fintech investments ......
TMT
B2B e-commerce unicorns may see rapid growth with rising demand from smaller towns, cities
India’s top four business-to-business (B2B) e-commerce marketplaces that registered robust revenue growth in the last financial year, may continue to ......
TMT
Moglix raises $250 mn in Series F funding; valn more than doubles to $2.6 bn
Industrial goods marketplace Moglix on Friday said it has raised $250 million (Rs 1878 crore) as part of its Series ......
Consumer
Accel-backed Moglix net loss widens as revenue jumps twofold in FY21
Accel-backed business-to-business (B2B) e-commerce platform Moglix’s net loss widened in 2020-21 (FY21) as the company doubled its revenue during the ......
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