Rahul Garg's Moglix is solving supply chain challenges for businesses.
OVER THE PAST DECADE, when everybody was focusing on solving problems of end consumers, Rahul Garg, founder and CEO of Moglix, was looking to find pain points of businesses and how to resolve them. He started out with a simple statement in 2015: “How can we re-imagine B2B commerce with technology?” And he entered a segment which had not seen innovation in a long while, and that is how the B2B ecommerce startup came in to being.
Moglix offers products from over 30 categories – from electrical to safety bearings and fasteners – is also simplifying procurement and supply chain processes. It serves both large- and mid-sized companies. Moglix says it has 300 large manufacturers as clients and that over 200,000 SMEs have transacted on its platform. Recently, the company started developing business applications to help solve taxation and supply chain problems. Its clients range across automotive, FMCG, steel, chemical, pharma, oil and gas sectors. To supply across India, it has established fulfillment centres in Delhi-NCR, Chennai, Mumbai, Pune, Ahmedabad, Kolkata, Aurangabad, Maharashtra and Pant Nagar, Uttarakhand. It has 5,000 suppliers across 25 states and in multiple countries.
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