Entreprenuernewsnetwork

Moglix Acquires Khatema Fibres to Expand Sustainable B2B Solutions

Moglix, a leading B2B commerce platform, has announced the strategic acquisition of Khatema Fibres, a pioneer in eco-friendly paper products, for ₹80 crore. This move marks a significant milestone in Moglix’s mission to lead in industrial procurement and sustainable packaging, aligning with India’s vision of a Viksit Bharat by 2047. Strengthening Moglix’s Market Position This … Read more

B2B etailer Geniemode raises $7 million

Geniemode, a B2B cross-border sourcing and supply chain technology company for businesses, has raised $7 million (about Rs 52.5 crore) in a Series A investment led by Info Edge Ventures. Geniemode Global Pvt Ltd was created in March 2021 by Amit Prakash Sharma and Tanuj Gangwani with the goal of organising the global sourcing and … Read more