Moglix launches digital supply chain financing platform Credlix

Moglix Launches Digital Supply Chain Financing Platform Credlix for 15000 Suppliers

Moglix launches digital supply chain financing platform Credlix

Moglix launches digital supply chain financing platform Credlix with the aim to provide quick collateral-free working capital solutions for its 15000+ suppliers and make the supply chain ecosystem future-proof from disruptions.

Credlix aims to make it easier for the suppliers to get just-in-time payments through its technology-driven supply chain financing system. Suppliers will be able to request early payments from enterprise buyers at affordable discount rates to keep their supply chain up and running even during times of disruption.

Rahul Garg, Founder & CEO, Moglix said in a statement,

MSMEs in India account for 11 crore jobs and 29% of the country’s GDP. Unclogging the cash flow through the supply chain will be integral to fostering winning partnerships between MSME suppliers and large enterprise buyers and realizing the Government of India’s vision for Aatmanirbhar Bharat.

Credlix is on track to provide invoice discounting of Rs 1000 crore over the next 12 months and is aiming to touch Rs 10,000 crore discounting value over the next three years by scaling up to include more banks, suppliers, and geographies.

HR Priorities for 2021: Director- Human Capital

HR Priorities for 2021: Director- Human Capital

HR Priorities for 2021: Director- Human Capital

Saumya Khare, Director of Human Capital talks about the HR priorities for 2021. She throws light on the learnings from 2020, the growing need for adaptation and models that are definite to take place in 2021. From being on-site & on-demand to being fully collocated and connected remotely, these are some of the models she speaks about.

In 2021, HR leaders will have to explore new ways to optimize talent retention costs and facilitate better work-life balance.

Saumya elaborates on the growing need for digitization and analytics in the existing models, to not only revamp the current processes but to also innovate methods to grow the organization as a whole. what the future workplaces would look like and the best practices they should start following in order to build workplace 4.0.

HR leaders will have to ensure that functional teams build the strength to sustain sudden changes to team structures, health risks, and logistical disruptions. They will have to provide greater multi-tasking, learning by doing, and familiarize the staff with the new roles as contingency measures.

Interview: Moglix CEO on Future Plans and Acquisitions

Interview: Moglix CEO on Future Plans and Acquisitions

Interview: Moglix CEO on Future Plans and Acquisitions

Rahul Garg, CEO & Founder, Moglix business talks about future plans and Moglix marking its presence across 35 locations in India with its recent expansion to Goa & Guwahati. Rahul shares his insights on the manufacturing sector, the impact of the ongoing crises on it, and how its supply chains are under a major transformation.

Moglix has captured 80% of the manufacturing hubs and is now aiming to go for smaller businesses in order to strengthen the network and spread its roots in smaller cities too.

Ratan Tata-backed Moglix Expands Operations in the UK, Europe

Ratan Tata-backed Moglix Expands Operations in the UK, Europe

At a time when the world is grappling with a dire lack of coronavirus-related supplies, B2B eCommerce startup Moglix Business expanded its service offerings in the United Kingdom and set up operations in Europe. Having been present in the UK since November 2019, it always had a plan for global expansion for its maintenance, repair and operations (MRO), and SaaS businesses in the UK and Europe.