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.

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India’s electronics industry is witnessing rapid growth, with production projected to rise from around $130 billion in 2025 to $500 billion by 2030 at a CAGR of 26 percent. Exports are expected to grow from $28 billion to $61 billion in the same period, driven by rising demand across mobile phones, consumer electronics, automotive, green energy, defence, telecom, and medical equipment. As the ecosystem shifts from reliance on imported sub-systems to greater local assembly, integration, and value addition, the need for trusted component suppliers, strategic sourcing partners, and authorized distribution channels has never been more critical.

Moglix’s platform today provides enterprises access to more than 50 authorized brands, supported by global consolidation, multi-currency billing, alternate sourcing options, and just-in-time deliveries. Moglix continues to deepen its industry specialization and evolve its capabilities, providing enterprises ranging from EMS companies and startups to large OEMs with end-to-end procurement support. By combining authenticity through direct partnerships with trusted brands, nationwide delivery backed by its logistics network, tailored custom solutions, and advanced inventory management via Vendor Managed Inventory (VMI), Moglix ensures customers can compress lead times, reduce downtime, manage costs, and scale operations seamlessly.

Serving industries such as automotive, consumer durables, defence, industrial, lighting, solar, telecom, and energy meters, Moglix is further expanding its role as a trusted partner in the electronics ecosystem.

Rahul Garg, Founder and CEO of Moglix, said, “India is rapidly emerging as a hub for electronics and semiconductors, and resilient supply chains will determine how fast and how far we can scale. By connecting global technology leaders with Indian enterprises, Moglix is enabling the country’s vision of becoming a trusted player in the global value chain.”

Among the global suppliers now part of Moglix’s network are the SCHURTER Group (Switzerland), a leader in safe power and circuit protection; Hangzhou Silan Microelectronics (China), a major semiconductor design and manufacturing enterprise; MoMAGIC Technologies (India), an IoT and data science-driven company; and Motor-Comm Electronics (China), a fast-growing provider of high-speed Ethernet and connectivity solutions.

With a strong presence across India’s major industrial hubs including Bangalore, Delhi, Noida, Gurgaon, Pune, Chennai, Mumbai, Ahmedabad, Chandigarh, Vadodara, Jaipur, and Kolkata, Moglix continues to strengthen its role as a one-stop partner for both commodity MRO products and specialized electronic components, enabling enterprises to scale with speed, reliability, and resilience.

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Bengaluru, August 29, 2024 – Moglix, the leading B2B e-commerce platform, 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 sector: long delivery period. Moglix is changing customer expectations and creating a new bar for efficiency by cutting the delivery timeline from the industry standard of 72-96 hrs. to a new normal of 12-24 hours.

In the coming months, the NDD service will grow to include over 10,000 stock keeping units (SKUs) in forty cities. This swift expansion is a result of the growing demand in India’s quick commerce market, which is expected to grow to a valuation of USD 5.5 billion by 2025.

The NDD service from Moglix is a direct response to the changing needs of businesses, especially small and medium-sized firms (SMEs), who largely depend on prompt delivery of industrial goods. Through the removal of obstacles in the supply chain and the application of technology, Moglix is enabling companies to improve productivity and streamline operations.

“At Moglix, data drives our innovation. Our analysis showed that 25% of our orders come from 12 major urban centers, where growth rates surpass the national average, but conversion rates were lower. This insight led us to develop our Next-Day Delivery service. It’s more than just faster delivery; it’s about transforming the B2B e-commerce experience. By pioneering this service, we’re setting a new industry standard and enhancing the efficiency of India’s industrial sector. Supporting the ‘Viksit Bharat’ vision, our focus is on transforming supply chain and procurement processes with innovation, speed, and customer centricity,” said Mr. Rahul Garg, Founder & CEO, Moglix.

To deliver on the promise of next-day delivery, Moglix has undertaken a comprehensive operational overhaul. By streamlining internal processes, fostering stronger partnerships with suppliers, and investing in cutting-edge technology, it has optimized its supply chain for speed and efficiency. A dedicated logistics team, coupled with advanced systems for demand forecasting, route optimization, and real-time tracking, has been instrumental in achieving this milestone. This strategic approach has enabled Moglix to significantly reduce delivery times, enhancing customer satisfaction and setting a new industry standard for B2B e-commerce.

Moglix is committed to expanding this feature to larger businesses in order to increase productivity and efficiency. Leading the way in B2B e-commerce worldwide, Moglix provides unmatched value that propels the B2B industry’s expansion and efficiency.

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