Revenue Inches Closer To $700 Mn Mark

B2B ecommerce startup Moglix’s operating revenue inched closer to the $700 Mn mark in the financial year ended March 2025. The Bengaluru-based startup reported an operating revenue of $681.5 Mn in FY25, an increase of 15% from $591 Mn in the previous year, according to its Singapore filings. 

Including other income, the startup’s total revenue rose to $692.8 Mn during the year under review from $601 Mn in FY24. 

Besides the rise in revenue, Moglix also saw its loss nearly halve to $11.3 Mn in FY25 from $21.7 Mn in the previous fiscal…