Rahul Garg | |
|---|---|
| Born | Faridabad, Haryana, India |
| Nationality | Indian |
| Education | Btech-Electronic Engineering Master of Business Administration (MBA) |
| Alma mater | IIT Kanpur The Indian School of Business (ISB) |
| Occupation | Entrepreneur |
| Title | Founder & CEO of Moglix |
Rahul Garg is an Indian entrepreneur and the founder of Moglix, an ecommerce platform for industrial goods and equipment headquartered in Singapore. [1] Moglix operates in regions such as India, the USA, the UK, Mexico, UAE and Europe. [2] In 2021, Moglix was recognized as a unicorn company in India. [3] By 2022, its valuation was reported to be $2.6 billion. [4] Prior to founding Moglix, Garg worked at Google in Singapore, where he held the position of Head of ADX (APAC). [5]
Rahul Garg was born in Faridabad, Haryana. His father, SK Garg, served as an executive director at C&S Electric. Garg completed his secondary education at Apeejay School in Faridabad. He earned a Bachelor's degree in Electrical Engineering from IIT Kanpur in 2001 and later obtained an MBA in marketing from the Indian School of Business (ISB) in Hyderabad. [6] He is currently enrolled in the Owner/President Management (OPM) program at Harvard Business School as part of Cohort 62. [5]
Rahul Garg began his career in 2001 at Ittiam Systems in Bangalore. [7] He later held various leadership roles at Google, including Head of AdX for India, SEA, and Korea. [8] In 2015, Garg founded Moglix, [5] [9] initially as a business-to-business e-commerce company, [10] before expanding into enterprise procurement [11] and software as a service (SaaS) verticals. [12] [13] Garg met Ratan Tata during the same year, shortly before the launch of Moglix. [14] The first funding for Moglix was secured in October 2015 from Ratan Tata and Accel Partners. [2] [15]
Under Garg's leadership, Moglix had a presence in 35 cities by 2020. [16] [17] The company reached a valuation of $2.6 billion by 2022. [4] [18] In 2023, Moglix reportedly laid off up to 3% of its employees. [19] Garg also established the Moglix Foundation, the philanthropic arm of Moglix, which supports projects related to health, environment, and science. [20] [21] In September 2024, Moglix invested $50 million in its supply chain finance arm, Credlix. [22] He holds 16 US patents in wireless technology, digital networks, and analytics [1] and serves as the co-chairman of the CII Unicorn Forum. [5]
In 2018, Garg was included in Fortune's 40 Under 40 list. [5] [23] In 2019, he was awarded the Entrepreneur of the Year award at the Entrepreneur India Congress & Awards. [12] In 2021, Forbes Magazine recognized him as the Tycoon of Tomorrow, [24] and he also received the IITK Distinguished Alumnus Award. [25] In 2023, he was honored with the Most Impactful CEO award from Times Now. [12]
{{cite web}}: CS1 maint: numeric names: authors list (link)