India-based MogliLabs, which operates the B2B industrial goods marketplace Moglix, raises $60M Series D, sources say at a valuation between $200M and $300M (Biswarup Gooptu/The Economic Times)

Biswarup Gooptu / The Economic Times:
India-based MogliLabs, which operates the B2B industrial goods marketplace Moglix, raises $60M Series D, sources say at a valuation between $200M and $300M  —  The company will primarily use the proceeds to ramp up infrastructure.  Moglix is currently present in 14 locations, and plans to be in 22-25 industrial hubs.

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