What is Moglix?

Aiden_garrett

Moglix is a B2B e-commerce company based in India that is focused on selling industrial and construction supplies. The company has been growing rapidly and has raised over $100 million in funding. Unicorn companies are private companies with valuations of over $1 billion.Do you think Moglix is a unicorn company? Why or why not?

Lonnie270

Moglix is a venture-funded e-commerce startup headquartered in Noida, India. The company sells industrial and construction supplies. It was founded in 2015 by Rahul Garg.

Unicorn companies are startup companies that have been valued at over $1 billion. As of October 2018, there are 364 unicorn companies in the world.

Moglix has not yet been valued at over $1 billion, so it is not a unicorn company.

goldenkoala

Yes, Moglix is a unicorn company. A unicorn company is a startup company that has a valuation of $1 billion or more. Moglix is a B2B e-commerce platform for industrial products and MRO (maintenance, repair, and operations) supplies. Moglix was founded in August 2015 by Rahul Garg, and it is headquartered in Noida, Uttar Pradesh, India.