B2B e-Commerce start-up Moglix has raised Rs 28 crores in Series A round of funding led by Accel Partners with participation from Jungle Ventures and SeedPlus. Moglix had raised Pre-Series A funding from Accel Partners and Jungle Ventures in October 2015 and an undisclosed financial investment in…
Tag: Moglix
Alibaba ramps up B2B commerce play in India to aid SMEs
Amid talk of Alibaba’s foray into the consumer-facing e-commerce space in India, the Jack Ma-led Chinese internet behemoth has gone ahead and struck a string of partnerships to prop up its existing business-to-business marketplace venture here in India. Alibaba is partnering with DHL and De…
Moglix joins SAP startup studio as it continues path towards disrupting B2B commerce
Aims to serve manufacturing companies with cumulative turnover of more than $30B, which is 10% of the Indian manufacturing sector, in the coming 2 years. Moglix, a leading e-commerce company specializing in B2B procurement of industrial products, has announced its entry into “SAP Startup Studio”,…
OfBusiness racks up $5m series A round
OfBusiness, a three-month-old online marketplace for business-to-business (B2B) commerce, has raised $5 million in its first round of funding led by Matrix Partners India. The fund-raising comes at a time when the size of series A cheques is shrinking after the highs of last year. Ola’s Co-…