Moglix
General
Deals Digest: Funding momentum picks up this week due to two large deals
Capital raised by startups in the week ended 22 November edged up, propelled by two big-ticket deals including another large ......
Finance
B2B manufacturing marketplace Zetwerk pulls in $12 mn in debt funding
Business-to-business (B2B) manufacturing services marketplace Zetwerk has raised around ₹100 crore in debt capital, with a fund backed by the ......
Consumer
Ice cream brand NIC to raise funding from Jungle Ventures
Singapore’s Jungle Ventures, which has backed unicorns such as Moglix and Livspace, has emerged as the primary suitor to invest ......
Infrastructure
‘We will likely double revenue this fiscal year'
Moglix, a business-to-business (B2B) marketplace for industrial goods, aims to double its revenue this financial year as it continues to ......
TMT
Layoffs at startups continue in 2023 amid funding winter
Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......
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 ......
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
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
We should achieve breakeven in 18-24 months: Moglix founder
Business-to-business (B2B) commerce platform Moglix, which stormed into the unicorn club this year after raising fresh funding at a valuation ......