Moglix
7 Temasek Boulevard #12-02A, Suntec Tower One, Singapore, Central Singapore, 038987
Overview
Moglix is an e-commerce platform for industrial tools and equipment. The company is engaged in marketing industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools, and many more industry essentials.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 6
Sector focus
- B2B
- E-Commerce
- Industrial
- Marketplace
- Mobile
Investment portfolio
- Euler Motors
Participated · Series C · Oct 2022
Founded in 2018, Euler Motors focuses on electric commercial vehicles for last-mile cargo delivery. The company targets commercial EV segments where uptime, reliability and operating economics are key decision factors. Euler is backed by investors including Hero MotoCorp and Blume Ventures and has raised about Rs 1,900 crore (roughly $229 million) to date. Management, led by founder and CEO Saurav Kumar, says the company is transitioning from early scale-up to a phase of deeper, more consistent growth across products, markets and operations. Euler plans to use recent funding to expand its product line and manufacturing capacity and to scale its network across India to capture market share in the commercial EV segment.