Moglix

What Moglix does

Moglix is a B2B commerce and supply chain infrastructure platform headquartered in Noida, India (formerly Singapore), founded in 2015 by former Google executive Rahul Garg. The company operates India's largest B2B e-commerce marketplace (moglix.com) offering over 800,000 SKUs across 1,500+ categories including industrial tools, electronics, construction materials, automotive parts, medical supplies, and safety equipment, serving 150,000+ SMEs and over 1,000 enterprises with 3,000+ factories. Distribution is anchored by 58 fulfillment centers supporting next-day delivery in 40 cities across 25,000+ PIN codes, with a vendor network exceeding 45,000 suppliers and operations in 80+ countries.

The platform's technology core is Cognilix, an AI-led operating system for B2B commerce comprising six proprietary modules: Cerebra, Cortex (vendor management), Cogniplan (inventory optimization), Connexa (auctions), Cognimart (B2B eCommerce), and a Data Governance layer. The system is trained on over $40 billion in cumulative transaction intelligence and supports predictive analytics, supplier risk scoring, and demand forecasting. Cognilix is licensed to enterprise customers at $50,000 to several million dollars per deployment. Additional platforms include DigiMRO for industrial MRO sourcing, TenderShark for tender management, and Zoglix for specialized segments.

Moglix monetizes through four streams: marketplace transaction revenue (FY25 revenue of $681.5M / Rs 5,700 crore, up from Rs 4,650 crore in FY23), enterprise SaaS licensing via Cognilix, supply chain financing through Credlix (now a regulated NBFC after acquiring Vanik Finance), and custom fabrication services through the Bhilai facility. The go-to-market combines self-serve e-commerce for SMEs with dedicated enterprise field sales for large manufacturers and infrastructure firms. The company has executed acquisitions across distribution (ADI India 2022, Vendaxo 2021), manufacturing (Khatema Fibres 2024), and energy (bitumen facility 2025), and is positioning for an IPO in late 2026 or early 2027 with net loss reduced by approximately 50% to $11.3M in FY25.

Name

Moglix

Legal name

MOGLI LABS (INDIA) PRIVATE LIMITED

Website

https://moglix.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Moglix is an India-based B2B commerce and supply chain infrastructure platform serving 150,000+ SMEs and 1,000+ enterprises across 80+ countries via its marketplace, AI procurement operating system (Cognilix), supply chain financing (Credlix), and custom fabrication services.

Ownership category

akta.pro rank

Product category

B2B Industrial E-commerce & Procurement

NAICS

Industrial Supplies Merchant Wholesalers (423840), Other Professional Equipment and Supplies Merchant Wholesalers (423490), Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Wholesale-Professional & Commercial Equipment & Supplies (5040), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Wholesale-Hardware (5072)

akta.pro primary industry

Industrial Supplies & MRO Marketplaces (CRAFAHAA)

akta.pro secondary industries

Office Supplies, IT & Workplace Procurement Marketplaces (CRAFAHAF), Electronics Components & OEM/ODM Sourcing Marketplaces (CRAFAHAM)

Keywords

• B2B procurement platform
• Industrial e-commerce
• Supply chain solutions
• Enterprise procurement software
• Industrial supplies marketplace

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. B2B Product Marketplace: Moglix generates revenue through the sale of industrial products, MRO supplies, electronics, construction materials, and other B2B goods on its marketplace platform. The platform serves enterprises and SMEs with transaction-based purchasing, with revenue growing from Rs 4,650 crore in FY23 to Rs 5,700 crore in FY25.
2. Enterprise Software (Cognilix): Moglix monetises its AI operating system Cognilix through enterprise licensing, with pricing ranging from $50,000 to several million dollars depending on customer size. This represents the company's software-as-a-service revenue stream targeting enterprise buyers.
3. Supply Chain Financing (Credlix): Moglix's fintech subsidiary Credlix provides supply chain financing, invoice discounting, channel financing, and EXIM services. After acquiring a majority stake in Vanik Finance, Credlix transitioned to a regulated NBFC to build its own loan book for MSME and exporter financing.
4. Custom Fabrication: Moglix offers custom fabrication services including design engineering, forging, forming, machining, heat treatment, onsite erection, heavy fabrication, and casting through its Bhilai Fabrication Unit and project-based custom fabrication engagements.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Moglix operates a B2B e-commerce marketplace and procurement platform for industrial supplies, offering 800,000+ SKUs across 1,500+ categories including industrial tools, electronics, construction materials, MRO supplies, and automotive parts. The company has expanded into AI-powered procurement software (Cognilix), supply chain financing (Credlix), quick-commerce delivery (Mogli Express), and custom fabrication services, serving over 150,000 SMEs and 1,000+ enterprises.

Product overview

Moglix operates as a multi-platform B2B commerce ecosystem comprising a core marketplace, enterprise procurement solutions, and AI-powered platforms. The main Moglix platform (moglix.com) is India's largest B2B e-commerce marketplace for industrial products with 800,000+ SKUs across 1,500+ categories. Moglix Business (business.moglix.com) provides enterprise-level supply chain management and procurement optimization services. The Cognilix AI platform serves as the operating system layer, comprising modular components: Cerebra, Cortex (vendor management), Cogniplan (inventory optimization), Connexa (auctions), and Cognimart (B2B e-commerce). Credlix provides fintech services including supply chain financing, invoice discounting, and channel financing. Additional platforms include DigiMRO for MRO sourcing, TenderShark for tender management, and Zoglix for specialized segments. The company also offers custom fabrication services and expanded into new categories including biofuels (2025) and bitumen (2025), with acquisitions of Khatema Fibres (paper manufacturing) and ADI India (security/surveillance distribution).

Differentiator

Problem solved

Functional benefit

Products and services

• Moglix B2B Marketplace India's largest B2B e-commerce marketplace offering 800,000+ SKUs across 1,500+ categories including industrial tools, electronics, construction materials, medical supplies, automotive parts, safety equipment, office supplies, and agricultural equipment for SMEs, enterprises, and individual buyers.
• Moglix Business Enterprise Procurement B2B supply chain management and enterprise procurement platform providing MRO sourcing, custom manufacturing procurement, infrastructure industry supplies, vendor managed inventory, and digital transformation services for large manufacturing and infrastructure companies with dedicated account management.
• Cognilix AI Operating System AI-led operating system for B2B commerce that automates and streamlines enterprise buying, selling, and supply chain operations. Draws intelligence from over $40 billion in transactions across 45,000+ suppliers and 80+ countries, enabling predictive demand forecasting, supplier risk assessment, inventory optimization (up to 30% reductions), and process automation for enterprise customers.
• Credlix Supply Chain Financing Fintech and supply chain financing platform offering working capital, invoice discounting, channel financing, and EXIM services for MSMEs, exporters, and channel partners. Operates as a regulated NBFC through the Vanik Finance acquisition to enable proprietary lending capabilities.
• Mogli Express Quick Delivery Quick-delivery service offering next-day delivery across 40 cities for construction materials and industrial supplies, covering over 10,000 SKUs and serving 25,000+ PIN codes across India.
• DigiMRO Digital MRO (Maintenance, Repair, and Operations) procurement platform under Moglix Business for industrial supplies sourcing and MRO category management.
• TenderShark E-procurement and tender management platform for government and enterprise sourcing, enabling organizations to discover, manage, and bid on tenders across public and private sectors.
• Zoglix Industrial supplies procurement platform serving specific B2B segments within the Moglix ecosystem.
• Electronic Components Sourcing Specialized procurement service for electronic components and semiconductors, featuring 50+ authorized brands including SCHURTER Group, Hangzhou Silan Microelectronics, and Motor-Comm Electronics serving Indian enterprises across automotive, consumer durables, defence, and telecom sectors.
• Custom Fabrication Services Custom manufacturing and fabrication services through the Bhilai Fabrication Unit covering design engineering, forging, forming, machining, heat treatment, onsite erection, heavy fabrication, and casting for enterprise and infrastructure customers.

Quantifiable outcome

• Early adopters of Cognilix achieved inventory reductions of up to 30%
• +4 more outcomes

Named customers3 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core and major.

• Vanik FinancecoreStrategic or Co-development Partner · 19 December 2025Credlix, Moglix's supply chain financing subsidiary, acquired a two-thirds stake in Vanik Finance for Rs 80 crore. The deal received RBI approval and enables Credlix to transition from a loan sourcing platform to a regulated NBFC with its own loan book for MSME and exporter financing.
• DRG IndustriesmajorStrategic or Co-development Partner · 14 July 2025Moglix entered the energy sector with DRG Industries' next-generation bitumen facility in Mathura. The 28,000 MT bitumen plant represents Moglix's expansion into the energy sector as part of its diversification strategy.
• Khatema FibresmajorStrategic or Co-development Partner · 21 November 2024Moglix acquired Khatema Fibres, a sustainable paper manufacturer, for Rs 80 crore to expand its product offerings and manufacturing capacity. The acquisition allows Moglix to reinforce its market position and plans to increase the plant's capacity to 75,000 tonnes.
• ADI Global Distribution (India)majorStrategic or Co-development Partner · 11 October 2022Moglix acquired ADI's India distribution business in an all-cash deal to expand its portfolio in security, surveillance, and fire control products. The acquired business had approximately Rs 300 crore turnover and operated with over 35 warehouses across India.

Scale indicators12 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• IndiaMART InterMESH: India's largest B2B marketplace connecting buyers and suppliers across industrial and business categories. Directly comparable to Moglix in serving Indian SMEs and enterprises with a transaction-oriented B2B platform, though historically more focused on lead generation than full-stack procurement.
• Udaan: Indian B2B e-commerce platform operating across categories including industrial supplies, FMCG, and electronics. Competes head-to-head with Moglix in serving SMEs and large enterprises with marketplace, financing, and logistics solutions.
• ThomasNet: North American B2B sourcing platform for industrial products and MRO supplies, with a strong focus on supplier discovery and procurement. Comparable to Moglix in serving industrial buyers with a digital catalog and supplier directory model.
• KredX: Indian supply chain financing and invoice discounting platform for MSMEs and enterprises. Direct competitor to Credlix in the working capital and trade finance space, leveraging transaction data to underwrite business financing.

Broad incumbents

• Amazon Business: Amazon's B2B procurement marketplace serving enterprises globally with industrial, office, and MRO supplies. Significant overlap with Moglix's marketplace offering but operates as part of Amazon's broader commerce platform with vastly greater capital depth.
• Grainger: US-listed MRO industrial distribution giant operating KeepStock inventory management, vending solutions, and a deep B2B catalog. Comparable to Moglix in MRO focus and enterprise sales motion, with a globally benchmarked operating model.
• 1688.com (Alibaba): Alibaba's China-focused B2B wholesale marketplace for industrial and consumer goods. Closest international analog to Moglix's marketplace model with deep SKU breadth, supplier networks, and supply chain financing adjacencies.

Emerging players

• Coupa Software: Enterprise procurement and spend management SaaS platform with AI-driven source-to-pay capabilities. Comparable to Moglix's Cognilix AI procurement OS in addressing enterprise procurement automation, though serving a global enterprise customer base at higher price points.
• Procurify: Mid-market procurement automation SaaS providing purchase order management, approvals, and spend analytics. Adjacent to Moglix's Cerebra source-to-pay module within the Cognilix stack, focused on simplifying procurement for growing businesses.

Regional players

• Industry Buying: India-focused B2B e-commerce platform for industrial products, MRO supplies, and office equipment. Directly comparable to Moglix in the Indian mid-market segment with a similar self-serve marketplace model and enterprise procurement capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/moglix
• LinkedInlinkedin.com/company/moglix
• Facebookfacebook.com/moglix.global

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries15 records

Funding overview

Funding rounds8 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moglix