Founded in 2015 by Rahul Garg. They are an Asia-based B2B commerce company intensively inclined towards B2B procurement of industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and many more industry essentials. The company reached a valuation of $2.6 billion in 2021.
Problem
Industrial companies faced inefficiencies in sourcing and procurement, with fragmented supply chains and unreliable suppliers impacting operations and costs.
Moglix Solution
Moglix built a B2B e-commerce platform that streamlined the procurement of industrial goods and equipment, offering a centralized marketplace with verified suppliers and transparent pricing.
Initial Users & Marketing Hack
Moglix initially targeted manufacturing companies and large industrial firms in India, offering them a reliable platform for sourcing industrial goods. They grew through partnerships with suppliers and manufacturers, using targeted sales outreach and content marketing to educate the market on the benefits of digitizing procurement processes.
Moglix Offerings
Industrial Supplies Marketplace: A wide range of industrial products, including MRO (Maintenance, Repair, and Operations) items, tools, and equipment, catering to manufacturing and infrastructure industries.
Procurement Solutions: End-to-end procurement management tools that streamline the purchasing process, reduce costs, and improve efficiency for businesses.
Supply Chain Financing: Financial solutions such as working capital loans to help businesses manage cash flow and optimize their supply chain operations.
Digital Procurement SaaS: A cloud-based platform for managing procurement digitally, enabling businesses to automate purchasing, track orders, and manage vendor relationships.
Website
Linkedin Page
Founder's profiles
Rahul Garg, https://www.linkedin.com/in/gargrahul/