Moglix, a Noida-based B2B industrial goods ecommerce marketplace has raised $120 million in Series E round led by Falcon Edge Capital and Harvard Management Company (HMC). Existing investors also participated in this round.
With this round, Moglix becomes the first industrial B2B commerce platform in the manufacturing space, to become a unicorn.
This latest round of funding takes the total funds raised by Moglix to $220 million.