B2B e-commerce platform expands into UAE

31 August 2021

B2B procurement solutions provider Moglix is entering the UAE market as part of global expansion plans.

The company, which specialises in the procurement of B2B industrial products, has raised funding totalling $220m from investors including Falcon Edge Capital’s Abu Dhabi-based Alpha Wave Ventures. The funding gives the company a valuation of $1bn. 

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