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Ratan Tata-backed Moglix 13th unicorn in India this year

Ratan Tata-backed Moglix 13th unicorn in India this year
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Ratan Tata-backed Moglix 13th unicorn in India this year

Ratan Tata-backed Moglix 13th unicorn in India this year
The six-year-old startup reached the $1 billion valuation mark after its latest series-E round of funding. The investments in the firm were led by Falcon Edge Capital and Harvard Management Company (HMC)
BusinessToday.In | May 17, 2021 | Updated 16:34 IST
The firm was valued between $250-300 million after its last round of funding in 2019
Indian industrial business-to-business (B2B) marketplace Moglix has managed to raise $120 million in its latest round of financial funding. With this, the company s total valuation has reached $1 billion making it the 13th Indian firm to attain unicorn status in 2021.
The six-year-old startup reached the $1 billion valuation mark after its latest series-E round of funding. The investments in the firm were led by Falcon Edge Capital and Harvard Management Company (HMC). Existing investors such as Tiger Global, Sequoia Capital India and Venture Highway were also particip ....

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