Tag Archives: https://business.moglix.ae/

Alpha Wave Global Funded Moglix raises $250 Million at $2.6 Billion Valuation; Delivers 80x Return to Seed Investors

Alpha Wave Global Funded Moglix raises $250 Million at $2.6 Billion Valuation; Delivers 80x Return to Seed Investors

Dubai, UAE; 31 January 2022: Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Abu Dhabi-backed Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor. Early investors, who had invested in Moglix during the seed stage have seen an 80X return on their investment in this B2B commerce pioneer.

Continue reading Alpha Wave Global Funded Moglix raises $250 Million at $2.6 Billion Valuation; Delivers 80x Return to Seed Investors