Biography of Rahul Garg: Founder and CEO of Moglix -Entrepreneur
Biography of Rahul Garg:
The Seeds of Ambition
Rahul Garg’s journey started with a dream to transform India through the power
of technology. An alumnus of IIT Kanpur, he was a brilliant student with
a natural passion for innovation. His academic brilliance earned him the Distinguished
Alumni Award from IIT Kanpur later in life. Even in these early years,
Rahul envisioned a future where Indian businesses could compete globally
through tech-driven supply chains.
The Scholar of Excellence
After his undergraduate studies, Rahul pursued an MBA in Marketing at
the Indian School of Business (ISB) in 2009. He graduated with the
highest honors, being named ISB Scholar of Excellence as the rank #1
student in his batch. This period further sharpened his strategic and business
acumen — a foundation that would serve him well in his entrepreneurial
ventures.
Global Exposure at Google
Post-ISB, Rahul joined Google, where he worked on advanced projects and
gained international exposure. His work in signal processing and systems design
earned him 16 US patents, a testament to his deep technical expertise.
Working in a global tech environment like Google gave Rahul the confidence to
think big — and to dream of building something impactful for India.
The Moglix Idea Takes Root
In April 2015, Rahul founded Moglix, a B2B e-commerce platform
focused on industrial supply chains. Headquartered in Singapore
but serving primarily the Indian market, Moglix was created to address
inefficiencies in procurement and supply chains for the manufacturing,
infrastructure, and energy sectors. The company’s mission was bold: to
create a $100 billion impact on the Indian economy by 2030.
Early Backing and Launch
Moglix’s first year was marked by rapid movement. By August 2015, it
began operations, and by October, it had secured early funding from Ratan
Tata and Accel Partners. It started by streamlining industrial
product procurement and quickly expanded into enterprise software (SaaS)
solutions. In December 2016, Moglix launched Green GST, a SaaS
platform to simplify GST compliance for manufacturers.
Strategic Alliances and Growth
In 2017, Moglix joined SAP’s Startup Studio, boosting its technological
capabilities. That same year, it raised Series B funding from the International
Finance Corporation (IFC) and expanded to cities like Delhi and Noida.
It also entered the US market with a new subsidiary, Zoglix,
laying the groundwork for global operations.
Building an Esteemed Board
Rahul assembled a strong advisory board to guide Moglix's strategic direction.
Key names included Ratan Tata, Sailesh Rao (former Twitter VP),
and Jeff Epstein (Operating Partner at Bessemer Venture Partners). These
mentors brought credibility and international insight, accelerating Moglix's
rise in the global B2B tech space.
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National Expansion and Recognition
By 2020, Moglix was operating in 35 Indian cities, including smaller
markets like Goa and Guwahati. Its blend of tech and logistics
made it a favorite partner among Indian enterprises. Rahul’s focus remained on
solving large-scale inefficiencies in industrial commerce — and the numbers
started to reflect success.
Global Response During Crisis
When the pandemic hit, Moglix pivoted quickly. It partnered with UK
government agencies to supply PPE kits and essential materials. This
move not only helped international communities but also demonstrated Moglix’s
adaptability and relevance beyond traditional supply chains.
Expansion Through Innovation – Credlix & NuPhi
In 2021, Rahul launched Credlix, a supply chain financing
platform under the Moglix umbrella, helping manufacturers access faster and
more reliable payments. That same year, Credlix acquired NuPhi, a Singapore-based
EXIM fintech firm, further deepening its global footprint in finance and
logistics.
Strengthening International Presence
Moglix’s international ambitions continued to grow in 2022
with its entry into Khalifa Port Free Trade Zone (KIZAD) in Abu Dhabi.
It also invested $5 million in Euler Motors, an electric vehicle
manufacturing startup. Meanwhile, its US subsidiary Zoglix began to scale,
reinforcing Rahul’s vision of global dominance in B2B commerce.
Milestones and Challenges
By 2023, Moglix operated 3,000 manufacturing plants and 40 warehouses
across India, Singapore, the UK, and the UAE. However, the company also
faced challenges, including the layoff of 40 employees (around 3% of
staff) — a move reflecting global economic pressures. Despite this, Moglix
maintained its focus on long-term growth.
Building the Startup Ecosystem
Rahul’s influence extended beyond Moglix. In June 2023, he was appointed
Co-Chair of the CII Unicorn Forum, a group focused on building a $1
trillion Indian startup ecosystem. He contributed to national-level startup
policy discussions and helped shape the future of India’s digital economy
through initiatives like Unicorn 2.0.
A Visionary Beyond Moglix (Present & Future)
Rahul continues to invest in and mentor early-stage startups such as Brightchamps,
Stockgro, Venuelook, Andor, and Ema. He’s also seen some exits and
closures, but each venture has added to his learning. With his diverse
background — from Google to Moglix to Harvard Business School (currently
enrolled in the OPM Cohort 62 program, 2022–2024) — Rahul stands today
as one of India’s most dynamic tech entrepreneurs, relentlessly working to
transform how businesses operate across the globe.
Timeline:
- Pre-2009:
Studied at IIT Kanpur
- 2009–2010:
MBA at ISB, Scholar of Excellence
- 2010–2015:
Worked at Google, filed 16 US patents
- April
2015: Founded Moglix
- Oct
2015: Received seed funding from Ratan Tata & Accel
- 2016:
Launched Green GST, joined SAP Startup Studio
- 2017:
Series B funding, launched Zoglix (US)
- 2018–2020:
Expanded to 35 cities in India
- 2020:
Supplied PPE internationally during pandemic
- 2021:
Launched Credlix, acquired NuPhi
- 2022:
Expanded to KIZAD (Abu Dhabi), invested in Euler Motors
- 2023:
Operated 3,000 plants, co-chaired CII Unicorn Forum
- 2022–2024:
Enrolled at Harvard Business School (OPM Program)
- Present
& Future: Continues to expand Moglix and invest in startups
