Tiger Global-backed Moglix saw losses surge 87% in FY2022 despite strong revenue growth

Tiger Global-backed Moglix saw losses surge 87% in FY2022 despite strong revenue growth

Moglix Founder and CEO Rahul Garg. Picture credit: Moglix

Asia-focused B2B industrial products marketplace Moglix posted an 87% surge in net loss for the financial year that ended March 31, 2022, according to recent regulatory filings.