India's Moglix raises $250m at $2.6b valuation
Tiger Global Management and Alpha Wave Global have led a USD 250m Series F round for India’s Moglix. It more than doubles the industrial B2B start-up’s valuation in the past eight months to USD 2.6bn.
Hong Kong-based Ward Ferry joined the Series F as a new investor. It follows a USD 120m Series E led by Alpha Wave (then known as Falcon Edge Capital) and Harvard Management Company at a valuation of USD...
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