**Moglix Launches AI-Driven Cognilix to Transform B2B Commerce**
Moglix is enhancing its enterprise technology strategy as the B2B e-commerce landscape in India reaches a critical juncture. The company, backed by Alpha Wave Global, introduced Cognilix, an AI-powered operating system designed for B2B commerce and procurement. This launch is accompanied by a planned investment of $5 million in vertical-specific AI products, indicating a shift beyond traditional marketplace models.
Cognilix represents Moglix’s most significant foray into enterprise software, building on nearly ten years of investments in digitization, data analytics, and supply chain efficiency. According to founder and CEO Rahul Garg, the company has invested approximately $40-50 million in technology that now supports Cognilix.
The platform capitalizes on Moglix’s extensive scale, which includes $40 billion in transactions, over 45,000 suppliers, 1.2 million stock keeping units (SKUs), operations in more than 80 countries, and 58 warehouses. Currently, Moglix collaborates with over 1,000 enterprises, many of which are already utilizing its underlying technology. Pricing for Cognilix will be tailored to each client, ranging from $50,000 to several million dollars, depending on the product and customer size.
Moglix has successfully raised $471 million across nine funding rounds, with notable investors such as Tiger Global, Peak XV, Accel, and Ratan Tata. Unlike some competitors, Moglix has adopted a comprehensive, layered approach. Established in 2015, the company has developed a generalist B2B marketplace that spans various sectors, including manufacturing, construction, electricals, automotive, and medical supplies, while also expanding into logistics, financing, and now enterprise software.
In FY25, Moglix reported a significant reduction in losses, nearly halving its deficits after years of widening losses, despite raising close to $600 million over the past decade. The company achieved operating revenue of $681.5 million in FY25, with a net loss of $11.3 million, according to Traxcn data. In contrast, competitors like Infra.Market and OfBusiness have already achieved profitability, increasing scrutiny on Moglix’s trajectory as it approaches a public listing.
Cognilix is positioned as a solution to enhance operational efficiency. Built on real-time operational data, the platform aims to automate procurement workflows, optimize inventory management, standardize product catalogs, and facilitate structured B2B sales, all while integrating seamlessly with existing ERP systems. Garg envisions scaling Cognilix into a $100 million software business within five years, especially as Indian enterprises are estimated to spend around $500 million annually on procurement software.
This technological advancement aligns closely with Moglix’s embedded finance strategy. Through its lending arm, Credlix, the company is poised to further enhance its offerings in the B2B space.
**FAQ**
**What is Cognilix and how does it benefit B2B commerce?**
Cognilix is an AI-driven operating system launched by Moglix to streamline B2B commerce and procurement processes. It automates workflows, optimizes inventory, and integrates with existing systems, enhancing operational efficiency for enterprises.