Moglix, has announced the launch of its Next-Day Delivery (NDD) service — a breakthrough in the B2B landscape. This service is live in twelve major Indian cities and has a corridor expansion plan for forty cities in the next six to twelve months. Through this initiative, Moglix is addressing a critical pain-point in the B2B…
Moglix today announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo Technologies, Inc. Moglix has acquired ADI’s India distribution…
Sequoia Capital India has promoted five investors to Managing Director, bolstering its leadership during India’s extraordinary startup and investment growth. On July 30, Sequoia announced the promotions of Ashish Agarwal and Harshjit Sethi from the venture team and Tejeshwi Sharma, Sakshi Chopra, and Ishan Mittal from the growth team.. Ashish joined Sequoia as an analyst…
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