TWT raised USD 6 Mn in Series A round, led by Sequoia Capital India
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Clean Food Label The Whole Truth Raises $6 Mn Series A
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Moglix’s existing investors like Tiger Global, Sequoia Capital India and Venture Highway have also participated in this round of funding, the company announced on Monday.
ETtech
Founded in 2015, Moglix is a B2B commerce platform in the industrial & MRO (maintenance, repair and operations) procurement space. The company is building an operating system for manufacturing that provides its customers a full stack service covering procurement, packaging, supply chain financing and highly integrated software.
“We had a mission to enable the creation of a $1 trillion manufacturing economy in India. Today, as we enter the next stage of our evolution, we feel this financing milestone is a testimony to our journey of innovation and disruption,” said Rahul Garg, founder & CEO, Moglix. “Falcon Edge, with its deep roots in the Middle East and Europe and an understanding of public companies will guide us through the next phase of our journey,