Moglix ne Cognilix AI Platform launch kiya, $100M software business ka target

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AuthorRiya Kapoor|Published at:
Moglix ne Cognilix AI Platform launch kiya, $100M software business ka target
Overview

India ki B2B e-commerce unicorn Moglix ne Cognilix launch kiya hai, jo B2B commerce aur procurement ke liye ek AI-driven operating system hai. Yeh move enterprise software mein ek bada expansion hai, jismein AI products par $5 million invest karne ki planning hai. Cognilix ka aim Moglix ke vast transaction data aur infrastructure ka use karke workflows ko automate karna aur supply chains ko optimize karna hai. Yeh initiative company ko uske anticipated IPO se pehle lucrative enterprise software market mein compete karne ke liye position karta hai.

Moglix, India ke B2B e-commerce sector ke garam hone ke saath, enterprise technology push ko tez kar raha hai. Alpha Wave Global-backed unicorn ne Wednesday ko Cognilix announce kiya, jo B2B commerce aur procurement ke liye banaya gaya ek artificial intelligence (AI) led operating system hai. Is launch ke saath hi vertical-specific AI products mein $5 million invest karne ki planning hai, jo marketplace origin se ek significant step hai. Cognilix, enterprise software mein Moglix ka sabse structured foray hai, jo digitization, data analytics, aur supply chain management mein lagbhag ek dashak ke investment par build hua hai. Founder aur CEO Rahul Garg ke according, company ne pichle 10 saalon mein Cognilix ke foundational technology ko develop karne mein $40-50 million invest kiye hain. Platform ki capabilities Moglix ke extensive scale par depend karti hain: $40 billion transactions, 45,000+ suppliers, 1.2 million stock keeping units (SKUs), 80+ countries mein operations, aur 58 warehouses. Moglix ne bataya ki woh already 1,000+ enterprises ke saath partner hai, jinmein se kai log iski existing technology ke aspects use karte hain. Cognilix ki pricing customized hogi, jo $50,000 se lekar kai million dollars tak ho sakti hai, jo specific product aur client size par depend karegi. Moglix ne Tiger Global, Peak XV, Accel, aur Ratan Tata jaise investors se 9 funding rounds mein $471 million raise kiye hain. Jabki Moglix ne historically ek broad, layered model operate kiya hai jismein generalist B2B marketplace, logistics, financing, aur ab enterprise software shamil hai, Infra.Market aur OfBusiness jaise rivals pehle hi profitability achieve kar chuke hain. Moglix ne FY25 mein $681.5 million ka operating revenue report kiya, jismein $11.3 million ka net loss tha, aur us fiscal year mein losses ko lagbhag 50% kam kiya hai. Cognilix ko in competitive pressures ko address karne ke liye Moglix ki strategy ka ek key element position kiya gaya hai. Platform ka aim hai procurement ko automate karna, inventory ko real-time mein optimize karna, product catalogs ko standardize karna, aur structured B2B sales ko facilitate karna, jabki existing ERP systems ke saath integrate bhi karna. Garg ki vision hai ki Cognilix 5 saal mein $100 million ka software business ban jaye, jo procurement software par estimated $500 million annual Indian enterprise spend ko tap kare. Yeh technology drive Moglix ki embedded finance strategy se closely linked hai; iske lending arm, Credlix ne recently NBFC Vanik mein ₹80 crore mein majority stake acquire kiya tha. AI ka use already credit underwriting ke liye internally ho raha hai. Moglix ne apne Singapore domicile ko reiterate kiya hai, jismein IPO timelines India mein shift hone par nirbhar karti hain. Company ka aim hai late 2026 ya early 2027 mein IPO ke through ₹500-600 crore raise karna. Execution risks, diverse product categories mein regulatory complexities, aur Indian market par reliance (jo uski revenue ka 96% se zyada account karta hai) ko closely watch kiya jayega.

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