When Moglix started in 2015, within two years of its inception, Moglix served 20,000+ business customers with 50 percent revenue coming from large organizations belonging to the Rs. 100 crore club. With backing from Ratan Tata, Accel Partners and Jungle Ventures, Moglix earned the title of “fastest growing technology company”. Now as Moglix is about to turn 4, there are certain things that will define Moglix in 2019-
1- Brain behind Moglix
Rahul Garg awarded as ‘Leader of the year 2018’ by World Consulting and Research Corporation (WCRC), holds 16 US patents against his name. Being Xoogler, a techie and now an entrepreneur, he plans to revolutionize every aspect of B2B commerce and technology. Major points which describe Rahul the best:
-He’s a founder who’s working hard in boosting his company
-He’s leading a huge market focusing on tackling and solving issues of businesses
-He attracts and motivates people with same ideology
-He keeps on learning from his mistakes and has an attitude of a hustler
2- Strong customer base
There are many ways to grow an ecommerce brand, but one of the most important way is to increase customer lifetime value. Being India’s fastest growing B2B e-commerce company, Moglix focuses becoming a global B2B commerce. With over 500k SME clients, Moglix is now regarded as one of the most trusted B2B marketplace.
3- New products and funding
An era of expansion has come by adding new product categories and getting new funding. Without a doubt Moglix has added new product categories including millions of products, has more than 3 lac SKUs with over 250k+ SME clients and over 5000+ suppliers. And now with the funding of $23 million, nothing is stopping Moglix to spread its wings.
4- Incredible work force
To run any business finding right people is very important, and it is also a challenge for many business owners. Budding businesses tend to draw the best people. Nowadays, the only need for any growing business is to find people who are ‘multi-skilled’ or are ‘Jack of all trades’ and in Moglix, most of the workforce is multi-taskers. Old days of ‘Coders doing only coding’ are gone.
5- Geographical expansion
Moglix has entered into tie-ups with leading logistics companies to ensure timely delivery of industrial suppliers to the doorstep of our customers, covering over 25,000+ pin codes across India. Now we plan to expand our warehouses PAN India to induce more local delivery runs right to people’s doors.