Moglix

Name

Moglix

Industry

E commerce

Target Audience

Manufacturing Units, Businesses 

Service

Moglix is an eCommerce portal specialising in B2B Products. Their website displays over 450000 products from leading brands. They offer delivery products across the country. The products are delivered by verified suppliers and vendors. They broadly focus on

• ·         Safety Equipments
• ·         Electrical Equipments
• ·         Lighting
• ·         Housekeeping Equipments
• ·         Office Stationeries
• ·         Power Tools

Impact of TG

The idea is similar to that of ecommerce giants like Ali Baba where they connect vendors and businesses. The company is currently geo targeting Indian Market. This is beneficial to medium scale industries who find it difficult to filter multiple vendors for the sourcing of minimal quantity products in the best price. The company also offers deals which is an added advantage

Investors

• ·         Accel
• ·         Jungle
• ·         Ratan Tata
• ·         IFC
• ·         Rocketship

Verdict

The concept is not unique. However, it does have a multiple advantages to establish a place of itself. The need for industrial goods will always remain. The company is a testimony that right implementation and quality service is the key to success