After crossing $1 bn in valuation, Moglix plans to expand globally

The industrial B2B startup for manufacturing plans to tap emerging markets such as Middle East, Southeast Asia, Africa and countries such as Bangladesh, Sri Lanka and Nepal

Moglix, the industrial business-to-business startup for manufacturing, which recently crossed a $1 billion valuation after a funding round is planning to expand globally, making it the first Indian B2B e-commerce firm to do so amid the pandemic. The Noida-based firm is planning to tap emerging markets such as the Middle East, Southeast Asia, Africa and countries such as Bangladesh, Sri Lanka and Nepal.

“We are definitely looking at emerging markets. We see our template being applicable across most of the emerging markets,” said Rahul Garg, founder and CEO, Moglix. “We will start to do it this year. The speed is