PRESS RELEASE
Rapid growth trajectory prompts Moglix to ramp up hiring efforts across key business verticals as part of its expansion strategy
28, February, 2024: Moglix, India’s largest B2B commerce platform for industrial products, announced its plans for hyper-expansion, aiming to increase its workforce by hiring 500 professionals in the next 18 months. This hiring push comes after Moglix’s rapid business growth and strong funding position, as the company scales its operations across manufacturing and infrastructure supply chain sectors.
Determined to fortify its position as a leader in the industry, Moglix will be augmenting its team to exceed 500-600 talented professionals over the next 18 months across vital business functions. These include Enterprise MRO, Credlix Supply Chain Financing, Supply Chain, Operations, Manufacturing, and Finance. The recruitment drive seeks individuals with expertise in industrial sales, procurement, supply chain management, export financing, and other specialised domains, spanning various hierarchical levels including associates, managers, senior managers and directors.
Rahul Garg, Founder and CEO, Moglix said, “With a network of over 40 warehouses catering to 3000+ manufacturing plants in India and the Middle East, Moglix is positioned better than ever to accelerate the future of B2B commerce. Our continued focus areas are boosting technological innovation, building supply chain resilience, and attracting top-notch talent across the board to support millions of SMEs.”
Commenting on the development, Sandeep Goel, Managing Director, Moglix said, “To continue our high growth trajectory, we are expanding our teams with best-in-class talent across domains, especially professionals with hands-on experience in industrial and financing operations. This expansion provides us the right bandwidth to further penetrate our existing markets and venture into new geographies. With this hiring boost, we aim to add 500 new members to our fast-growing tribe by the end of 2024.”
The company has been on an expansion overdrive, with 9 new warehouse launches across Gurugram, Bhubaneswar, Goa, Bhilai, Vadodara, Bangalore, Mumbai, Kolkata, and Noida, bolstering its operational capabilities and geographical footprint in the last 12 months. Moreover, recent upgrades to operational facilities in Bangalore, Mumbai, Kolkata and Noida spotlight Moglix’s vision to scale up storage, supply chain efficiency and corporate functions.
About Moglix:
Founded in 2015 by IIT Kanpur and ISB alumnus Rahul Garg, Moglix provides solutions for maintenance, repair and operations (MRO) supplies and indirect material procurement using its digital platform and supply chain network. It has over 700,000 SKUs from more than 5000 suppliers and serves over 500,000 SMEs and 100+ large enterprises across India and the UAE. With a global investor pool including Alpha Wave Global, Tiger Global & Accel Partners, Moglix is financially well- equipped to fund its growth plans. It recorded stellar business performance in 2023, with a topline growth of 83%.
