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India’s Moglix valued at $1 billion in $120 million fundraise – TechCrunch

Moglix, an inter-industrial market, said Monday that it would raise $ 120 million in a new funding round with a $ 1 billion valuation to become the twelfth company in the world’s second largest unicorn-making market. It was.

The startup’s Series E funding round was led by Falcon Edge Capital and Harvard Management Company (HMC). Existing investors, Tiger Global, Sequoia Capital India, Venture Highway. TechCrunch by Tiger Global earlier this year Negotiations to invest in Moglix with a $ 1 billion valuation..

This is a developing story. read more…

India’s Moglix valued at $1 billion in $120 million fundraise – TechCrunch Source link India’s Moglix valued at $1 billion in $120 million fundraise – TechCrunch

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