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B2B ecommerce startup Moglix’s operating revenue inched closer to the $700 Mn mark in the financial year ended March 2025. The Bengaluru-based startup reported an operating revenue of $681.5 Mn in FY25, an increase of 15% from $591 Mn in the previous year, according to its Singapore filings.
Including other income, the startup’s total revenue rose to $692.8 Mn during the year under review from $601 Mn in FY24.
Besides the rise in revenue, Moglix
also saw its loss nearly halve to $11.3 Mn in FY25 from $21.7 Mn in the previous fiscal…
