eCommerce
Moglix Parent Infuses $12 Mn In Indian Arm
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SUMMARY
Moglix has bagged INR 107.58 Cr (around $12.3 Mn) from its Singapore parent in multiple tranches since December last year
This comes at a time when Moglix is considering shifting its domicile back to India with plans to go public by 2027
Founded in 2015, Moglix sells a wide range of industrial tools and equipment, catering to industries like automotive, cement, chemicals, consumer durables, and FMCG among others
Tiger Global-backed B2B ecommerce unicorn Moglix
has bagged INR 107.58 Cr (around $12.3 Mn) from its…
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