Moglix recommends robust technology for digitising manufacturing operations

New Delhi, Feb 25 (ANI): Amid the ongoing digitisation drive, B2B e-commerce platform Moglix opined that although India’s manufacturing sector has immense potential, its contribution remains a mere 16 percent to GDP, largely due convoluted tax filing procedures and lack of adequate technical know-how. 26th Feb, 2018

Post Budget Reactions from Industry Experts

The focus on wide scale broadband access, on Machine learning, AI and robotics, on R&D as well as skilling, and on Smart Cities will keep pushing India’s Digital agenda, well supported by the additional fund allocation. It is a quietly progressive budget, and timed well to focus on readying all cross sections of Indian society to reap the benefits of the future.” 1st Feb, 2018

How was Budget 2018? Post Budget Reactions from Industry Leaders

“Budget has clearly recognized Food Processing as the major tool for Rural upliftment & to enhance Farmers income. Besides double allocation, huge increase in Rural Infra & overall support to the farm sector through new initiatives will further add to the growth of food processing industry. Thrust on Agro & processed food exports will be further icing on the cake. Easier availability of Mudra loans to young & new entrepreneurs will help to build food service chain linking farms to process industry to the consumer directly,” said Man Mohan Malik, Founder & CMD Himalaya Foods International. 1st Feb, 2018

We are committed to build a global technology company, Moglix

Manufacturing sector in India has huge potential of growth but the inefficiencies of doing business that are holding back the growth of the industry is what triggered the idea of founding Moglix. Manufacturing is a $ 300 Bn industry in India out of which only 5% are using digital ways of supply chain management.

Budget 2018: From reduction in income tax to push towards infra, industry lays out its agenda

The Union Budget will be announced on 1 February. Sectors across industry shared their expectations from the Budget with Firstpost. It ranged from a governmental push towards infrastructure to tax holidays for start-ups to ‘affordable’ GST rates. 30th Jan, 2018

Budget 2018: How Arun Jaitley can power up millions of individuals, entrepreneurs with start-up and digitisation boost

Budget 2018: Fintech and digital payment companies are betting big on the upcoming Union Budget and have many expectations from FM Arun Jaitley, particularly in view of the Modi government’s digitisation drive. These include improving the adoption of digital technologies across industries as well as announcing measures to upgrade digital infrastructure. 24th Jan, 2018

Collective Gains

B2B online marketplaces help SMEs reduce costs and lead time by offering a more transparent and faster procurement process.
For many of us, until recently, e-commerce revolved pretty much around Amazon and Flipkart. The B2C or the consumer-oriented marketplaces were cool, sexy and investors’ darlings, whereas B2B e-commerce was old school, boring and everything that B2C was not. It took almost over a decade after IndiaMART – the country’s first online B2B directory - was established in 1996, for the next set of players to emerge in this space. But things have been evolving. 19th Jan, 2018

Budget 2018: What startups and investors want from FM Jaitley

These veteran investors in the industry give their two cents on all things startup, right from the conceptualization of the business model for a startup, the technology behind startups and what is the relationship between the capital investors, startups and growth. 19th Jan, 2018

Creating Smooth Supply Chains

Moglix is an Asia based e-commerce company that specialises in B2B procurement of industrial products. It extends its expertise in supply chain to solve problems related to digitisation of supply chain as well as makes them GST compliant. The company has worked with more than 250 leading organisations such as GSK, Havells, Yamaha, Lumax and Tata Chemicals, and over 100,000 SMEs across India. 18th Jan, 2018

The 1-3-6 learning framework

Rahul Garg, who has 16 technology patents to his name, says he has attempted to codify his learning mechanism.
Rahul Garg prides himself on being a quick learner. It began with learning to eat meat to survive, he laughs. In 1999, Garg a third-year student at the Indian Institute of Technology, Kanpur got a summer internship at Advanced Telecommunication Research International in Kyoto, Japan. 12th July, 2017

B2B Vision 2018: Prepare for the Era of the eCommerce Customer

Automation will increasingly be within reach for supply chain organizations of all sizes thanks to cloud and related technologies. 22nd Dec, 2017

Five key technologies that are changing the face of manufacturing in India

The sector of manufacturing is increasingly undergoing innovation. Digital ways of manufacturing and supply chain management, such as artificial intelligence, machine learning, cloud computing and more, that are already established in leading global economies, are now taking a forefront in India, an economy which has till now been embedded in traditional ways of doing business. 20th Dec, 2017

Outlook Business shares Moglix's story in their Enterprise Feature on Collective Gains

The story is on B2B online marketplaces that are helping SMEs reduce costs and lead time by offering a more transparent and faster procurement process.

B2B e-commerce platform, Moglix, expands to Ahmedabad, Mumbai

Moglix, a Ratan Tata-backed B2B e-commerce platform, on Thursday announced its expansion to Ahmedabad and Mumbai to cater to the market of Western and Southern India. Currently, Moglix is headquartered in Singapore and is present in Noida, Gurgaon, Chennai and Pune. With these new additions, Moglix is further stepping-up their presence catering to industrial hubs in India, in line with their vision to transform the supply chain of the Indian manufacturing sector. 14th Dec, 2017

B2B e-commerce startups see funding surge to a 7 year high but hurdles remain

Nearly two decades after IndiaMart, an online trade directory, started out, investment is finally flowing into B2B (business-to-business) internet start-ups, but a shortage of credit to manufacturers and suppliers continues to hold back the expansion of the sector, founders and investors said. 8th Dec, 2017

Opinion: Why India's manufacturing cos lag behind global peers

India continues to lag in making investments in R&D and innovation. The speed at which readiness for Industry 4.0 needs to happen, and is happening globally, is very slow-paced in India 17th Nov, 2017

How B2B Moglix is Using Tech to Automate Supply Chain for 200+ Enterprises, 100k SMEs in Manufacturing Industry.

Moglix targets large organization with over $1.5 Bn turnover and has scaled over 20X in the last 18 months. 21st September, 2017

Moglix has Alibaba's B2B in its sights.

The e-commerce giant, sees finding talent crucial to its expansion plan 23rd July, 2017

Moglix, a B2B e-commerce startup backed by industrialist Ratan Tata, aims to multiply revenue more than 20-fold to over $10 billion by 2025

In addition, to automate businesses towards growth, Moglix, congruously with GreenGST, aims to provide comprehensive #GST compliance in the most secure and reliable way. 12th July, 2017

Moglix Launches Green GST - an Affordable SAAS Based Technology Tool to Empower the USD 300 Billion Manufacturing Segment in India 

Moglix's Green GST will ease payment of indirect tax for manufacturing units in India, Green GST solution to be offered free of cost during 30 day trial period, thereafter, it will be available at a subsidized cost for upto 2400 invoices a year for a MSME and companies with turnover upto USD 4 Million. 28th June, 2017

Tech start-up Moglix build B2B online marketplace; CEO Rahul Garg says ‘manufacturing industry ignoring potential of digital procurement’ 

Moglix’s SaaS-based platform for procurement of goods combines online convenience with supply-chain efficiencies.
As the government strives to push manufacturing through its ‘Make In India’ and ‘Digital India’ campaigns, digital procurement of goods has emerged as a hassle-free option for manufacturing units. However, many Indian manufacturers continue to use traditional methods for procurement of goods, scouting across the country looking for reliable and cost-efficent suppliers. 17th May, 2017

What does GST hold for Indian youth?

After a long wait we finally have the GST law ahead of us and broadly know what it would look like. The unified tax reform is set to increase nation’s GDP by 2% and enable India Inc to reach new heights. With July 2017 around the corner, businesses all over are figuring out how to be GST-compliant. 20th April, 2017

Moglix: Using tech to disrupt distribution 

Small and large enterprises have to procure industrial products from 100s of suppliers. Moglix, a business-to-business (B2B) e-commerce start-up, is trying to use technology to disrupt the traditional distribution channels for industrial products 16th Oct, 2016

Preparedness of manufacturing space in the wake of Make in India 

Ratan Tata backed online platform for businesses to procure finished goods, Moglix, has raised Rs 28 crore from existing investors Accel partners, Jungle Ventures and Seed Plus. Anurag Srivastava, founding and managing partner of Jungle Ventures will be joining the board of Moglix following this round. 6th Oct, 2016

Moglix raises Rs 28 crore from existing investors

Ratan Tata backed online platform for businesses to procure finished goods, Moglix, has raised Rs 28 crore from existing investors Accel partners, Jungle Ventures and Seed Plus. Anurag Srivastava, founding and managing partner of Jungle Ventures will be joining the board of Moglix following this round. 4th Oct, 2016

Ratan Tata backed Moglix raises $12 million from IFC, Rocketship.

Moglix, a business-to-business commerce platform focused on selling industrial products, has raised $12 million from World Bank's private lending arm International Finance Corporation (IFC) and Silicon Valley-based fund Rocketship. Existing investors in the startup Accel Partners and Jungle Ventures have also participated in this round. 4th Oct, 2016

Growth Pacing Startups 

Headquartered in Singapore, moglix is the exceptional platform for the B2B sector providing superior online technology. The entity proffers wide spectrum of genuine industrial goods and products from top global and Indian brands. 28th Sept, 2016

Moglix plans to expand its footprint

Moglix, an ecommerce company specialising in B2B procurement of industrial products, plans to expand its footprint. 25th Sept, 2016

Bringing SaaS and Commerce Together for Procurement!

Procurement has always been one of the most critical business functions due to the most complex processes this function typically follows. Procurement is critical as the financial bottom-line is defined by this function.This function is also the most complex because it deals with many external parties and vendors on a daily basis following a complex communication and business process ensuring required documentation and system compliance. 16th Sept, 2016

How Moglix is Evangelising Technology into Industrial Procurement

Rahul Garg, whose online B2B industrial products procurement venture, is backed by Ratan Tata, Accel and the like, believes that the next three years for him and his competitors will be about evangelising technology in India’s manufacturing and procurement space. 8th Sept, 2016

The Story of Moglix

Everything in this start’s from a vision, from a dream, and from a very small but un-fluctuating hope that one day things will change for better, for the larger good. Every story starts like that, and today also we will talk about a similar story of hope, The Story of Moglix. So hold tight and get ready for a perfect adventure. 7th Aug, 2016

23 startups in Asia that caught our eye

Here’s our newest round-up of the featured startups on our site this week. If you have startup tips or story suggestions, feel free to email us. Enjoy this week’s list! 31st July, 2016

This startup bets the time is ripe for India to emulate China in manufacturing

India isn’t known for its manufacturing sector. That worries some economists, who believe that the country relies too heavily on services – think restaurants, hospitals, and IT – and isn’t focused on making global products that will bring in money, increase the incomes of citizens, and help the country handle growth. 29th July, 2016

Re-inventing B2B Commerce with technology - The next wave

Business to Business commerce, as the name suggests, is a transaction between two business entities for bulk purchase/sell. This is an age old phenomenon which has recently got its prominence with maturity of the process and evolution of the industry. 31st July, 2016

Moglix – Where Business Meets Technology

Headquartered in Singapore, moglix is the exceptional platform for the B2B sector providing superior online technology. The entity proffers wide spectrum of genuine industrial goods and products from top global and Indian brands. 11th July, 2016

SAP StartUp Studio: A garage that can transform ideas into successful companies

SAP, the $23.3 billion market leader in Enterprise application software has upped its game in India, by bringing into its campus in Whitefield, Bengaluru, the first batch of startups that are working on core technologies like artificial intelligence and cloud-based software. 4th July, 2016

Moglix Joins SAP Startup Studio as It Continues Path Towards Disrupting B2B Commerce

Aims to serve manufacturing companies with cumulative turnover of more than $30B, which is 10% of the Indian manufacturing sector, in the coming 2 years. 1st July, 2016

SAP’s incubation centre to join giants like Microsoft and Oracle in Bengaluru

SAP Startup Studio, to be launched on Thursday, will offer a 12-month accelerator programme under which it will invest financially in startups.
German softwaremaker SAP has picked Bengaluru for its first startup incubation centre, joining the likes of Microsoft and Oracle that have established similar programmes in India’s main hub for emerging technology businesses. 23rd June, 2016

Moglix – eCommerce Company Specializing in B2B Procurement of Industrial Products

Founded in August 2015 by Rahul Garg, a former Google employee with extensive experience in building global products and running sales across Asia, Moglix is focused on technologically disrupting the B2B Industrial products space for suppliers and buyers across the globe. 14th June, 2016

Impact of GST on Indian Economy

In recent times, India has been abuzz with criticism on its archaic taxation structure and there is push for a simpler, flat tax structure that will potentially do away with the complicated policy. 27th May, 2016

Building Startup Ready Teams

Headquartered in Singapore, Moglix is the online platform for technology in B2B sector with a wide assortment of genuine industrial goods and products from top global and Indian brands 26th May, 2016

We are focused on bringing together technology and manufacturing to drive transparency, efficiency and scale | Rahul Garg, Founder & CEO, Moglix

Of late, one is clearly witnessing B2B e-commerce pick up the growth momentum with rapid adoption of the digital paradigm by manufacturers and wholesalers. Buyers and sellers from across the world are increasingly transacting goods and services with ease over digital platforms, anytime, anywhere. 10th May, 2016

Moglix, online marketplace for businesses, attracts attention of Ratan Tata, Accel Partners

BENGALURU: After he moved to India from Singapore early last year, Rahul Garg saw that sourcing and procurement transactions between businesses largely remained offline while ecommerce was transforming buying patterns of individuals. 22nd April, 2016

Meet Moglix, an online marketplace for businesses

BENGALURU: After he moved to India from Singapore early last year, Rahul Garg saw that sourcing and procurement transactions between businesses largely remained offline while ecommerce was transforming buying patterns of individuals. 22nd April, 2016

India Welcomes Home Technology Talent

BANGALORE, India—Last year, Abhinandan Balasubramanian quit his job at a London-based financial-technology company. The startup scene in his native India was booming, and he wanted in. 1st March, 2016