.
MergerLinks Header Logo

New Deal


Announced

Completed

Falcon Edge Capital and HMC led a $120m Series E funding round in Moglix.

Financials

Edit Data
Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

E-commerce

Cross Border

Completed

Private

Single Bidder

Venture Capital

Acquisition

Friendly

commerce company

Singapore

Minority

Synopsis

Edit

Two investment firms Falcon Edge Capital and Harvard Management led a $120m Series E funding round in Moglix, a B2B e-commerce platform for manufacturing goods. Existing investors Tiger Global, Sequoia Capital India and Venture Highway also participated as part of this round. “We started six years ago with a firm belief in the untapped potential of the Indian manufacturing sector. We are glad that Falcon Edge Capital and Harvard Management Company have partnered with us in this journey. Falcon Edge, with its deep roots in the Middle East and Europe and an understanding of public companies will guide us through the next phase of our journey,” Rahul Garg, Moglix Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US