Seed To Unicorn - Identifying The Trillion Dollar Problem | Moglix | Summary and Q&A

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July 5, 2021
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Jungle Ventures
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Seed To Unicorn - Identifying The Trillion Dollar Problem | Moglix

TL;DR

Moglix, a leading B2B e-commerce platform for industrial products, shares the story of its growth from a startup to a unicorn in just six years, highlighting its unique value proposition and commitment to solving customer problems in the manufacturing sector.

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Questions & Answers

Q: How did Rahul Guard decide to enter the B2B e-commerce industry for industrial products?

After working with Google and witnessing the outdated practices in the manufacturing sector, Guard saw an opportunity to drive change and contribute to the growth of the industry in India.

Q: What distinguished Moglix from existing players in the market?

Moglix offered a distinct value proposition by providing a full-stack solution that addressed the complexities of B2B transactions and the unique needs of manufacturing organizations.

Q: How did Moglix disrupt the classified platform model?

Moglix recognized that transaction-oriented platforms were more efficient and customer-centric than classified platforms, so it shifted its focus to provide a seamless end-to-end experience for businesses looking to purchase industrial products.

Q: What are Moglix's future plans and goals?

Despite achieving unicorn status, Moglix aims to continue solving customer problems and expand its market share, with a vision to contribute to the growth of the manufacturing sector by becoming a leader in the industry.

Summary & Key Takeaways

  • Moglix grew from a startup to a unicorn in six years, securing $220 million in funding.

  • The founder, Rahul Guard, identified a problem in the manufacturing sector and saw an opportunity to disrupt the outdated supply chain and communication methods.

  • Moglix differentiated itself by providing a full-stack solution, combining software technology, warehousing, and commerce capabilities, to offer an end-to-end customer experience journey.

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