Back

Havish Gupta

Figuring Out • 12m

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?

18 replies40 likes
8
Replies (18)

More like this

Recommendations from Medial

Image Description
Image Description

Rushikesh vetal

Building another goo... • 1m

"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 More
4 replies13 likes
3
Image Description
Image Description

Mahendra Lochhab

Content creator • 2m

Startup's funding and aquisition news: • Everstone Capital: Acquired a majority stake in Wingify, a SaaS firm, for $200 million • Ather Energy: Introduced a multi-language dashboard • DPIIT: Signed a pact with Apna to boost startup talent • W

See More
5 replies10 likes

Comet

#uiux designer #free... • 5m

*Jaya Talent is looking to hire a Marketing Manager* (fully remote) *Company*: AI-focused Launchpad that has secured a total of $11.7 million in funding across two rounds. Their most recent funding round, completed in 2022, raised $5 million. *Appl

See More
0 replies1 like

Vikas Acharya

 • 

Medial • 4m

Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the company’s founder and CEO, Rohit Choudhary. The round also saw participation from Elevation

See More
0 replies4 likes

Mridul Das

Introvert! • 20d

🤯Wow! Groww is in talks with Tiger Global for pre-IPO funding of $200 Million at $6.5 billion valuation. In 2020 they valued just $200 million now aiming for $6.8 billion. That is 34x growth 📈 in just 5 years. In 2018 (early) they valued less t

See More
0 replies15 likes
1
Image Description
Image Description

Ashutosh Mishra

Chartered Accountant • 8m

Remember Gaana Music app It has been acquired by the parent company of the Radio Mirchi ie. ENIL for only ₹25 lacs. This came into limelight after ENIL’s filing with NSE. Gaana raised a total of $200 million was once valued at $580 million.

7 replies4 likes

Ashish Singh

Finding my self 😶‍�... • 10d

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

See More
0 replies4 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Student • 9m

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

See More
7 replies20 likes
5
Image Description

Aditya Arora

 • 

Faad Network • 22d

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 More
1 replies47 likes
23
Image Description
Image Description

Havish Gupta

Figuring Out • 11m

Everything about Flipkart! So the story date's back to 2007 Sachin and Binni were working at Amazon India. Amazon had plans to set up E-com in india but didn't due to reccsion and less interest usage. Later they left Amazon and started Flipkart as

See More
5 replies13 likes

Download the medial app to read full posts, comements and news.