Moglix gets Rs 80 crore from IFC, Rocketship.vc and others
Moglix lists products from 1 lakh small and medium enterprises and serves the digital procurement needs of over 200 large enterprises such as Havell's, India Forge and others.
My first year at work: Rahul Garg, founder, Moglix
"During my initial years, I perceived myself to be super competitive and intellectually dr...
Moglix raises Rs 28 crore from existing investors
The company works with 1500 manufacturers and distributors on the selling side across India...
For GSP, Flipkart ups its paid-up capital to Rs 2.18 crore
The ecommerce company aims to use the GSP licence to help its sellers become compliant under the goods and services tax (GST) and offer tax-filing services to them.
Flipkart missed out on becoming a GST Suvidha Provider on account of low paid-up capital
Apart from Flipkart, 38 other applicants, including ClearTax, Moglix and Intuit India did not make the cut as they were found to be "ineligible as per financials", according to the GST Network portal.
Moglix, online marketplace for businesses, attracts attention of Ratan Tata, Accel Partners
Moglix, which said its revenue has grown 40% month-on-month since January, competes with Tolexo, which counts IndiaMart as an investor.
Ratan Tata invests in businessto-business sourcing platform Moglix
“Mr Tata is an inspiration and we are extremely pleased to have an icon of Indian manufacturing as our advisor,” said Rahul Garg, founder and CEO of Moglix.
Suvidha providers suit up for GST's final rollout on July 1
Companies readying value-add niche products and services to help potential clients make the transition
Moglix raises seed funding of about $1.5 million from Accel and Jungle
Noida based Moglix - a marketplace for industrial tools such as spanners, wrenches, drills and meters has raised seed funding led by Accel Partners and Jungle Ventures.
Tiger Global's Shleifer matching Fixel’s appetite in India
Scott Shleifer, who spearheads Tiger’s entire private market portfolio, picking and closing deals at a rapid pace in Indian startups.
Jungle Ventures makes first close of Fund-III at $175 m
Jungle Ventures has brought on board German development finance institution DEG and Cisco Investments as its new limited partners (LPs) for its latest investment vehicle.
Former SAP India MD joins Deutsche Bank
Khandelwal, who spent 18 years at the German software firm before joining Deutsche Bank, built the SAP labs in Bengaluru, which became the second largest unit of SAP. He set up SAP Startup Studio, the software maker’s accelerator programme to incubate startups.
MogliLabs gets $23 m in round led by Accel Partners and IFC
New round puts valuation of the B2B industrial goods firm at around $100m.
Startups help laid off employees start afresh
New-age companies reach out to alumni, investor and human resource networks to help employees find jobs again.
SAP Labs India MD Khandelwal resigns
Khandelwal had a dual role, including that of the global president of SAP HANA Enterprise Cloud (HEC) Organization, which provides key cloud infrastructure for the company.
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