Startup Atlas · B2B E-commerce

Moglix Unicorn Investor

Mogli Labs (India) Private Limited ● Noida, Uttar Pradesh ● Founded 2015 ● moglix.com ↗
Rahul Garg · Founder & CEO
$470.67 MnTotal funding (tracked)
8Funding rounds
28 Jan 2022Last round
2Tracked investments
1,237Team size (sourced)

Moglix: Financial Breakdown

Figures below are FY2024, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 4,964 crore ($591 million)Total revenue · +5.5% YoY
Rs 5,493 crore ($654 million)Total expenses
Rs 189 crore net loss ($22.5 million)Net loss · loss narrowed 16% YoY

Revenue by fiscal year

0200400600$MINR 217 Cr: $31M31FY2019INR 378 Cr: $53.3M53FY2020INR 777.4 Cr: $104.8M105FY2021INR 2,554.6 Cr ($306.9 Mn): $342.9M343FY2022Rs 4,704 crore ($560 million): $585.1M585FY2023Rs 4,964 crore ($591 million): $599.5M600FY2024

Net profit / loss by fiscal year

-30-20-100$MINR 48 Cr net loss: $-6.9M-6.9FY2019INR 78 Cr net loss: $-11M-11FY2020INR 81 Cr net loss: $-10.9M-11FY2021INR 175.3 Cr net loss ($21 Mn): $-23.5M-24FY2022Rs 225 crore net loss ($26.8 million): $-28M-28FY2023Rs 189 crore net loss ($22.5 million): $-22.8M-23FY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 4,964 crore ($591 million) Rs 5,493 crore ($654 million) — Rs 189 crore net loss ($22.5 million) source
FY2023 Rs 4,704 crore ($560 million) Rs 5,208 crore ($620 million) — Rs 225 crore net loss ($26.8 million) source
FY2022 INR 2,554.6 Cr ($306.9 Mn) INR 2,736.8 Cr ($328.8 Mn) — INR 175.3 Cr net loss ($21 Mn) source
FY2021 INR 777.4 Cr INR 858.4 Cr — INR 81 Cr net loss source
FY2020 INR 378 Cr INR 456 Cr — INR 78 Cr net loss source
FY2019 INR 217 Cr INR 265 Cr — INR 48 Cr net loss source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com www.moglix.com · Last verified 23 Oct 2026. · Report a correction