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Moglix Raises $120 Million, Joins Unicorn Club

May 17, 2021•over 4 years ago

Amount Raised

$120 Million

Description

Moglix on Monday said it has raised $120 million (about Rs 878.8 crore) in funding from Falcon Edge Capital, Harvard Management Company (HMC) and others, placing the industrial B2B e-commerce platform in the unicorn club. The series E round also saw participation from existing investors, Tiger Global, Sequoia Capital India and Venture Highway.

Company Information

Company

Moglix

About

The investment firm had earlier bought Moglix shares from Accel and Tanglin Venture Partners in secondary transactions.

FundzWatch™ Score

68
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech