Figuring Out • 1y
Unique Startup Stories (12/20) Meet Moglix, an E-commerce platform to order Business & Industrial Supplies! About It • It was founded in 2015 in delhi by Rahul Garg, an Ex-Google employee who studied from IIT & ISB • It is an India's largest E-comm company focused towards B2B procurement of industrial supplies • it sells 5 Lakh+ goods in genre like Safety, Electricals, Lighting, Cleaning & Housekeeping, Power Tools, etc COMPETITION • IndiaMart is more focused on Wholesale while • Amazon also provides similar goods but Miglix is focused entirely on such industrial goods REVENUE 2023-24: $560 million 2022-23: $506 million 2021-22: $306 million 2020-21: $105 million Latest annual loss was ₹200 Crore Funding • It has raised total of $500 Million from 13 Investors like Ratan Tata, Sequoia Capital, Tiger Global, etc •In the recent Series F Round, it raised $250 Million from Tiger Global Valuaing it at $2.5 Billion. So do you think Amazon can beat it?
Building another goo... • 4m
"Factories don’t wait. Why should their supplies?" Industrial procurement is broken—slow deliveries, endless middlemen, stockouts, and overpriced essentials. Production stops. Money burns. Deadlines crash. But what if industrial goods arrived befor
See MoreHey I am on Medial • 1y
Unique Startup Series : 1 • DeHaat, founded in 2012 by Shashank Kumar and Manish Kumar, helps Indian farmers by providing quality farm supplies, personalized advice, and direct market connections. • DeHaat connects farmers with local business owne
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Faad Network • 3m
Left job at Google to build a 21,500 CR company. 1. After graduating from IIT Kanpur, Rahul Garg started at Google Asia, leading the AdX business. Despite a thriving career, he saw inefficiencies in India's industrial procurement—fragmented supply c
See MoreFinding my self 😶�... • 3m
Here’s a quick rundown of some notable startup news from April 7, 2025: --Juspay Becomes Unicorn: Indian fintech startup Juspay raised $60 million led by Kedaara Capital, achieving a $1.8 billion valuation, marking it as 2025’s first unicorn. --Eas
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