Bengaluru | 04 December, 2025: Credlix, the fintech arm of Moglix, has taken a majority stake in Vanik Finance, with an aim to infuse ₹80 crore. This marks a significant step in Credlix’s efforts to expand timely and accessible working capital solutions for India’s MSMEs and exporters.
Founded by Rahul Garg, Moglix has built one of India’s leading B2B commerce ecosystems. Through Credlix, the group is strengthening its financial services capabilities for manufacturers, suppliers, and exporters across industrial sectors. The majority stake in Vanik Finance enhances Credlix’s ability to offer a wider range of secured and unsecured lending products while maintaining a disciplined and customer-focused approach.
“This milestone helps us widen access to timely and reliable capital for MSMEs,” said Rahul Garg, Founder and CEO of Moglix and Credlix. “Our goal is to support the complete financial lifecycle of small and mid-sized businesses in a way that is simple, transparent, and aligned with their growth needs.”
For MSMEs, this translates to quicker access to funds, fewer intermediaries, and greater flexibility in managing cash flows. Vanik Finance will now operate fully under the Credlix brand, leveraging advanced analytics and digital underwriting to simplify credit decisions and accelerate turnaround times.
This development comes at a pivotal moment for India’s economy. MSMEs contribute nearly 30 percent of India’s GDP and about 45 percent of exports, highlighting their role in driving industrial growth. As the Make in India and Atmanirbhar Bharat programs advance, access to affordable finance remains one of the most important levers for strengthening India’s manufacturing base and export capacity.
Across India, business credit is evolving quickly. MSMEs today expect faster, cleaner and more predictable access to capital as they scale, manage cash cycles and invest in growth. Lenders are responding by moving toward smarter business-loan offerings that combine digital onboarding, bank-statement analytics, GST-based assessments and collateral-light structures.
The focus is on reducing documentation, improving transparency and enabling quicker sanctions so that manufacturers, traders and exporters can access working capital without friction. Credlix is building a unified system that brings together technology, credit intelligence and sector understanding to deliver reliable liquidity solutions tailored to the needs of growing businesses.
“MSMEs are the backbone of India’s economy. They need financial partners who understand their realities,” Garg added. “By bringing together technology, supply chain networks, and simplified credit access, we aim to help them grow with confidence.”
Credlix will continue investing in technology-led credit products including digital invoice discounting, export factoring, and anchor-based programs. Pilot initiatives across major industrial clusters have demonstrated strong demand and consistent repayment performance. The company is also exploring partnerships with banks and financial institutions to expand reach and capacity.
Through initiatives such as the India–Mexico Trade Corridor, Credlix is enabling exporters with smoother liquidity flows and better access to international buyers. With a stronger capital base and expanded lending capability through Vanik Finance, Credlix is now positioned to scale these efforts across markets and contribute to India’s participation in global trade.
