Moglix raises $250 Mn at $2.6 Bn valuation
Image Credit: asiatechjounal
B2B industrial goods marketplace Moglix has raised $250 million in its Series F funding round led by existing investors Tiger Global and Alpha Wave Global with participation from Hong Kong-based Ward Ferry. According to Moglix, it has raised the fresh round at $2.6 billion valuation and its early investors, who had invested in the company’s seed round, have seen an 80X return on their investment in this round.