Rahul Garg’s story is an inspiring story. Moglix, founded in August 2015 in Singapore with its operational headquarters in India, has grown to a valuation exceeding $2 billion USD as of 2025. Trusted by over 500,000 businesses across Asia, Europe, and the Middle East, Moglix simplifies complex industrial procurement and supply chains. The company tackles inefficiencies in B2B sourcing, logistics, and working capital for manufacturers, infrastructure companies, and SMEs. With digital platforms like Credlix for supply chain financing, Moglix stands at the forefront of India’s industrial transformation. Rahul’s journey shows how vision and resilience can digitize an entire sector.
Basic Details
| Origin Country | Singapore (Operational HQ: India) |
| Legal Name | Moglix Private Limited |
| Brand | Moglix |
| Founder | Rahul Garg |
| CEO | Rahul Garg |
| Industry | Manufacturing |
| Website | www.moglix.com |
| Year of Founding | August 2015 |
| Valuation | $2 billion USD (as of 2025) |
| Employees | 2,000+ (2025) |
| Headquarters | Singapore; major operations: Gurugram, India |
| Status | Active |
FOUNDER OVERVIEW – RAHUL GARG
➤ Net Worth (2025)
Rahul Garg’s estimated net worth in 2025 is around $200–250 million USD. This wealth comes primarily from his stake in Moglix, now a leading B2B industrial unicorn, along with dividends and equity appreciation.
➤ Ownership in Company
Rahul Garg is estimated to hold a significant minority stake in Moglix, believed to be around 10–12%. He draws a market-aligned CEO salary but is widely known for reinvesting profits into the business’s growth and innovation rather than lavish personal spending. His financial philosophy leans toward frugality and sustainable scaling.
➤ Ventures Founded
Before Moglix, Rahul did not found any other major venture. However, he has launched Mogli Foundation in 2021 — a philanthropic arm focused on healthcare access, clean environment, and livelihood creation aiming to impact 100 million lives by 2030.
➤ Investments
Rahul Garg has personally invested in a few early-stage startups in the B2B, supply chain, and industrial tech sectors, encouraging founders solving deep operational problems. Specific startup names are mostly undisclosed but focus on enabling digital supply chains and manufacturing innovation.
➤ Recognition & Awards
- Fortune India 40 Under 40 Entrepreneur, 2018
- BW Young Entrepreneur of the Year, 2019 by BusinessWorld
- Red Herring Top 100 Asia, awarded to Moglix under his leadership, 2018
- Recognized for “Excellence in Supply Chain Innovation” by CII in 2022
PERSONAL STORY: RAHUL GARG
Rahul Garg was born in 1981 in Faridabad, Haryana, India. He grew up in a well-educated middle-class family that valued discipline and integrity. His father, S.K. Garg, worked as a senior executive at C&S Electric, while his mother dedicated herself to nurturing the family and supporting Rahul’s academic and personal growth. As a child, Rahul was naturally curious, often taking apart household gadgets just to figure out how they worked.
He attended Apeejay School in Faridabad, where he excelled not only in academics but also in sports and leadership. He was the captain of his school’s badminton and basketball teams, showing early signs of balancing teamwork with individual excellence. Growing up in Haryana’s industrious culture shaped his practical mindset and respect for hard work.
Before stepping into entrepreneurship, Rahul’s path was that of an ambitious and disciplined professional. After his schooling, he earned his bachelor’s degree in Electronics and Electrical Engineering from IIT Kanpur, one of India’s most prestigious institutions. He then pursued an MBA at the Indian School of Business (ISB) Hyderabad, where he graduated as a Scholar of Excellence.
Despite his strong educational background, Rahul’s career journey was far from easy. Starting at Ittiam Systems, he honed his technical expertise, but it was at Google Asia where he found his footing in the global tech and advertising ecosystem. Leading the Asia-Pacific strategy for Google’s Ad Exchange, he learned how to scale large platforms, manage complex teams, and operate at a global level — all while staying connected to the challenges back home in India.
Personal life was not without struggles. As a first-generation entrepreneur with no family business legacy, he faced the pressure of financial security, long hours, and the stress of making life-altering decisions. Yet, these obstacles shaped him into a resilient problem-solver. His time at Google gave him the confidence to dream bigger: to bring digital transformation to India’s deeply fragmented manufacturing and procurement sector.
Over the years, Rahul has evolved from a curious small-town boy to a global business leader who remains deeply rooted in his values. He continues to live by the principles of humility, frugality, and impact-first thinking. Today, alongside building Moglix, he also channels his time and resources into the Mogli Foundation, his philanthropic initiative aimed at improving healthcare, environment, and livelihoods for millions. Rahul’s personal journey shows that true entrepreneurial success is not just about wealth — it’s about staying grounded and building for others.
FOUNDING STORY: MOGLIX
Inspiration Behind the Idea
Rahul Garg got the idea for Moglix while working at Google in Asia. He saw how fast online shopping was growing for normal people, but factories and big companies still bought their tools and parts in old, slow ways. Most factories depended on long paperwork, middlemen, and phone calls. Rahul felt this was wasting time and money. He wanted to change how factories in India bought their daily supplies and parts. So, in 2015, he decided to leave his good job at Google and build a new company that would make industrial buying fast and easy through technology.
Founding Team
When Rahul started Moglix, he did not have a big team. He called a few trusted friends, tech experts, and people who knew how supply chains work. This small team believed in Rahul’s dream to make factories more modern. They worked together with honesty and trust. Everyone did multiple jobs — talking to factories, building the website, and fixing problems. They were united by one goal: to make factories better with technology.
Starting Capital
In the beginning, there was no big investor or fancy office. Rahul used his own savings and some help from family and friends to get things started. The first office was a small room in Noida. There were no big salaries or perks. The team worked late nights, wrote code, and visited factories to show how Moglix could help. Rahul himself went to factories, sat with owners, and explained how buying online would save them time and cost. Many times, he travelled by bus or train to meet customers and suppliers.
Early Challenges
At first, no one trusted this new idea. Factory owners were used to doing business the old way. Many suppliers thought using a website would harm their business. Rahul and his team faced rejection many times. Logistics was also very hard because delivering heavy tools and parts is not easy. There were days when Rahul packed boxes himself and tracked deliveries to make sure customers got them on time.
Money was also a big challenge. The company earned very little at first, so Rahul often paid employees and suppliers before paying himself. Many investors were unsure if factories would ever buy things online. It was a tough time, but Rahul did not give up.
Breakthrough
Everything changed when Moglix got its first big customer — a well-known auto company. This showed other companies that Moglix was trustworthy. Soon, more factories joined. Rahul was then able to raise money from famous investors like Ratan Tata and Accel Partners.
As Moglix grew, it added new services. It did not just sell tools but also helped factories manage repairs and maintenance. Rahul also started Credlix, a new service to help suppliers get money faster so they could run their businesses smoothly.
From a small idea and a tiny office, Moglix has now become a trusted partner for more than 500,000 companies. It runs big warehouses and helps factories in India and other countries get what they need quickly and safely.
Rahul’s journey shows that big problems can be solved with a simple idea, hard work, and a team that believes in doing the right thing.
COMPANY PROFILE: MOGLIX
Moglix is a company that helps factories and big businesses buy the tools, machines, and spare parts they need to keep their production running smoothly. Instead of calling many suppliers or visiting different shops, factories can order everything they need from Moglix’s online platform.
For example:
If a car company like Hero MotoCorp needs thousands of nuts, bolts, safety gloves, and machine parts every month, they can order all of it directly from Moglix. Moglix makes sure these parts are of good quality, packed properly, and delivered on time.
Because of this, factories save time, money, and don’t have to worry about fake or low-quality items. Moglix’s main goal is to make industrial buying simple, fast, and trustworthy for big and small manufacturers.
Area Served
Moglix started in India but now serves businesses in Asia, the Middle East, Europe, and some parts of the USA too. Its main work and warehouses are in India.
Vision & Mission
Vision: Moglix’s vision is to build a world where every factory and business can get the right tools, parts, and services easily and quickly. It wants to remove the old problems of delays, cheating, and waste, and help industries grow faster with trust and technology.
Mission: Moglix’s mission is to make industrial buying simple and smart. It works hard to give factories a safe online place to order their daily needs, manage their supplies, and get help with payments — all in one platform. Moglix wants to save factories time and money so they can focus on making great products.
Services / Products Offered
- Moglix offers everything a factory or big company needs to keep its machines running and workers safe. Its main products include:
- Tools & Equipment: Hand tools, power tools, cutting machines, welding machines.
Example: A factory that makes cars buys special drills and welding machines from Moglix. - Maintenance, Repair & Operations (MRO) Supplies: Safety gloves, helmets, cleaning chemicals, lubricants.
Example: A cement plant orders hundreds of gloves, helmets, and safety shoes every month. - Spare Parts: Nuts, bolts, screws, bearings, motors, pumps.
Example: A food processing unit buys spare parts for their packaging machines. - Credlix (Financial Service): Helps suppliers get quick payments for their products so they don’t run out of money while waiting for big companies to pay.
Example: A small parts maker sells to a big factory through Moglix and gets paid within days via Credlix instead of waiting 60 days. - Moglix also gives support like bulk order management, delivery tracking, quality checks, and fast replacement if something goes wrong.
Business Model
Moglix connects factories with trusted suppliers on one online platform. It checks product quality, manages orders, stores products in its warehouses, and delivers them safely to factories. It also helps suppliers get quick payments through Credlix. This way, Moglix makes industrial buying simple, trusted, and fast for businesses.
Revenue Model
Moglix earns money in three main ways:
- Product Margin: It buys products from suppliers at wholesale prices and sells them to factories at a slightly higher price.
- Platform & Service Fees: It charges suppliers a small fee for using Moglix’s platform, logistics, and customer support.
- Finance Income: Through Credlix, Moglix provides early payments and working capital loans to suppliers and earns interest or processing charges on these services.
This mix of product sales, service fees, and finance income keeps Moglix’s business growing strong every year.
Market Landscape & Competitors
Moglix works in the B2B industrial and manufacturing supply market, which is huge but still not fully digital in India and other developing countries. Many factories still buy parts the old way — through local dealers and middlemen — which is slow and often unreliable. Moglix aims to change this by bringing trust, speed, and digital tools to the entire process.
In India, Moglix’s main competitors include companies like:
- Industrybuying: Also sells industrial tools and parts online.
- Udaan: A B2B platform that connects retailers and wholesalers, including some industrial products.
- Amazon Business: A global player that also offers bulk industrial supplies in India.
Moglix stands out because it focuses deeply on large manufacturers, factory needs, and supply chain financing — not just selling products online but also solving payment and delivery issues. Its strong warehousing and Credlix finance service make it different from general B2B platforms.
USP (Unique Selling Proposition)
Moglix’s biggest strength is that it does more than just sell industrial products online. It solves the full problem for factories:
- It finds high-quality, verified suppliers.
- It handles storage and fast delivery with its own warehouses.
- It offers Credlix, which gives quick payments and loans to suppliers so they don’t face cash flow issues.
- It builds trust with factories by giving one reliable platform for all daily industrial needs.
This end-to-end solution — from buying to delivery to financing — makes Moglix different from other B2B websites. Factories save time, avoid fake products, and worry less about payment delays.
Growth Highlights
- Started in 2015 with a small office and a handful of factories as customers.
- Now trusted by over 500,000 businesses across India, Asia, Middle East, and Europe.
- Runs more than 40 large warehouses to store and deliver industrial products fast.
- Launched Credlix to help suppliers get paid quickly and solve cash flow problems.
- Became a unicorn (valued at over $1 billion) in 2021 and crossed $2 billion by 2025.
- Expanded into new countries like the UAE and USA to serve global factories.
- Built a strong team of over 2,000 employees focused on technology, logistics, and customer support.
Funding & Investment History
Moglix has raised money from some of the world’s top investors who believe in its mission to change industrial supply chains.
- In 2015, it got its first seed funding of around $1.5 million from early investors.
- In 2016, it raised Series A funding of about $4.2 million led by Accel Partners and Jungle Ventures.
- Over the years, it secured bigger rounds: Series B ($12 million), Series C ($23 million), Series D ($60 million), and Series E ($120 million).
- Famous investors like Ratan Tata, Accel Partners, Jungle Ventures, and IFC (International Finance Corporation) have supported Moglix.
- By 2025, Moglix has raised more than $200 million in total funding.
This steady funding helped Moglix grow its warehouses, build new technology, expand into new countries, and launch Credlix to solve finance problems for suppliers.
Awards & Recognition (Company)
- Moglix has won several well-known awards for its innovation and impact in the industrial sector:
- Red Herring Top 100 Asia, 2018 — for being one of the most promising tech startups in Asia.
- CII Supply Chain Innovation Award, 2022 — given by the Confederation of Indian Industry for excellence in improving supply chains.
- BW Disrupt 40 Under 40, 2019 — recognized as one of India’s top young companies transforming B2B commerce.
- Listed as one of India’s fastest-growing unicorns by multiple business magazines.
- Appreciated by industry groups for helping factories get critical supplies during COVID-19 lockdowns.
- These awards show that Moglix is trusted as a leader in making India’s supply chains smarter and more reliable.
Team Size & Culture
Moglix has grown to a team of over 2,000 people as of 2025. The team includes engineers, supply chain experts, sales managers, warehouse staff, and customer support professionals.
The company believes in building a culture where everyone works like an owner. Employees are encouraged to take smart risks, solve real problems, and learn new skills. Hard work and results are valued more than titles or seniority.
Moglix also focuses on openness and teamwork. Teams share ideas freely and help each other to serve factories better. Rahul Garg believes in hiring people who are humble, curious, and ready to take responsibility.
This strong and honest work culture helps Moglix stay fast, flexible, and trusted as it grows in India and around the world.
Future Plans
- Expand to more global markets like the USA, Europe, and the Middle East.
- Grow Credlix into a big supply chain finance platform for faster payments.
- Add more digital tools to help factories track orders and manage inventory easily.
- Strengthen logistics and warehousing to deliver even faster.
- Focus on sustainability and greener supply chain practices.
- Become the world’s most trusted partner for factories by solving buying, finance, and delivery challenges together.
CONCLUSION
“We started Moglix to solve trust and transparency problems in industrial supply chains. Our dream is to empower every factory to grow without limits.” — Rahul Garg, in an interview with Forbes India, 2023.
Rahul Garg’s journey from Faridabad to Google and then to building Moglix shows the true power of vision and grit. What began as an idea to digitize industrial buying is now transforming factories across India and beyond. With services like Credlix and smart supply chain solutions, Moglix helps businesses save time and money. Rahul’s story reminds us that solving real problems with honesty can create lasting impact. His focus on trust, technology, and people proves that big dreams can come true when a founder stays rooted in values and committed to purpose.
