Moglix invests $50M to expand Credlix, a supply chain financing subsidiary, into US & Mexico.
Moglix, a B2B e-commerce unicorn, is investing $50 million to expand its supply chain financing subsidiary, Credlix, into the US and Mexico. Credlix provides collateral-free financing solutions to enhance cash flow for small and medium enterprises (SMEs), particularly in the manufacturing sector. This initiative aims to support trade and supply chain resilience in these regions while aligning with India's goals to strengthen global trade partnerships.
6 months ago
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