Rahul Garg
{{Short description|Indian entrepreneur}}
{{Article for deletion/dated|page=Rahul Garg|timestamp=20250707111726|year=2025|month=July|day=7|substed=yes|help=off}}
{{Infobox person
| name = Rahul Garg
| birth_place = 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.{{Cite news |date=2023-02-17 |title=Rahul Garg left Google to transform manufacturing supply chain |url=https://timesofindia.indiatimes.com/business/startups/people/rahul-garg-left-google-to-transform-manufacturing-supply-chain/articleshow/98002088.cms?from=mdr |access-date= |work=The Times of India |issn=0971-8257}} Moglix operates in regions such as India, the USA, the UK, Mexico, UAE and Europe.{{Cite web |title=Can An Industrial Goods Platform Be Unicorn? It Takes Rahul Garg's Toolkit |url=https://www.forbesindia.com/article/startups/can-an-industrial-goods-platform-be-unicorn-it-takes-rahul-gargs-toolkit/68407/1 |access-date= |website=Forbes India |language=en}} In 2021, Moglix was recognized as a unicorn company in India.{{Cite web |date=2021-05-17 |title=Ratan Tata-backed Moglix 13th unicorn in India this year |url=https://www.businesstoday.in/entrepreneurship/story/ratan-tata-backed-moglix-13th-unicorn-in-india-this-year-296273-2021-05-17 |access-date= |website=Business Today |language=en}} By 2022, its valuation was reported to be $2.6 billion.{{Cite news |date=2022-01-28 |title=B2B ecommerce startup Moglix valued at $2.6 billion after $250 million of funding |url=https://economictimes.indiatimes.com/tech/funding/b2b-ecommerce-startup-moglix-valued-at-2-6-billion-after-250-million-of-funding/articleshow/89182543.cms?from=mdr |access-date= |work=The Economic Times |issn=0013-0389}} Prior to founding Moglix, Garg worked at Google in Singapore, where he held the position of Head of ADX (APAC).{{Cite web |date=2024-02-23 |title=Meet Rahul Garg, founder of Moglix; Know about his journey, education, and more |url=https://www.financialexpress.com/lifestyle/founder-of-moglix-rahul-gargs-journey-from-rs-5-lakh-investment-to-rs-100-crore-mnc-firm/3393405/ |access-date= |website=Financialexpress |language=en}}
Early life and education
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.{{Cite web |last= |date=2021-05-18 |title=Ratan Tata-backed Moglix joins unicorn club after $120 million fundraise |url=https://www.thenewsminute.com/atom/ratan-tata-backed-moglix-joins-unicorn-club-after-120-million-fundraise-149050 |access-date= |website=The News Minute |language=en}} He is currently enrolled in the Owner/President Management (OPM) program at Harvard Business School as part of Cohort 62.
Career
Rahul Garg began his career in 2001 at Ittiam Systems in Bangalore.{{Cite web |last=Ahmad |first=Samreen |title=Tech in Asia - Connecting Asia's startup ecosystem |url=https://www.techinasia.com/b2b-unicorn-moglix-cuts-losses-slower-growth |access-date= |website=Tech in Asia |language=en-US}} He later held various leadership roles at Google, including Head of AdX for India, SEA, and Korea.{{Cite news |last=Dasgupta |first=Brinda |date=2017-04-25 |title=My first year at work: Rahul Garg, founder, Moglix |url=https://economictimes.indiatimes.com/jobs/my-first-year-at-work-rahul-garg-founder-moglix/articleshow/58351083.cms?from=mdr |access-date= |work=The Economic Times |issn=0013-0389}} In 2015, Garg founded Moglix,{{Cite web |date=2022-01-28 |title=Moglix valuation doubles to $2.6 billion in less than a year |url=https://www.moneycontrol.com/news/business/startup/moglix-valuation-doubles-to-2-6-billion-in-less-than-a-year-7998401.html |access-date= |website=Moneycontrol |language=en}} initially as a business-to-business e-commerce company,{{Cite web |last=Nair |first=Sulekha |date=2016-02-08 |title=Ratan Tata's 6th investment in 2016 is B2B platform Moglix; founder Rahul Garg 'extremely pleased' |url=https://www.firstpost.com/business/ratan-tatas-6th-investment-in-2016-is-moglix-founder-rahul-garg-extremely-pleased-2616502.html |access-date= |website=Firstpost |language=en-us}} before expanding into enterprise procurement{{Cite web |last=Paintola |first=Bhupendra |date=2025-01-13 |title=Indian Startups Need To Tap Global Deeptech Market: Moglix CEO Rahul Garg |url=https://inc42.com/buzz/national-startup-day-2025-indian-deeptech-moglix-rahul-garg/ |access-date= |website=Inc42 Media |language=en}} and software as a service (SaaS) verticals.{{Cite web |author=Staff Reporter |title=The Entrepreneurial Journey Of Moglix's Founder & CEO, Rahul Garg, And How He Built A Billion-Dollar B2B E-Commerce Company |url=https://www.freepressjournal.in/business/the-entrepreneurial-journey-of-moglixs-founder-ceo-rahul-garg-and-how-he-built-a-billion-dollar-b2b-e-commerce-company |access-date= |website=Free Press Journal |language=en}}{{Cite web |date=2018-06-17 |title=The 1-3-6 learning framework - Livemint |url=https://www.livemint.com/Leisure/wujQDzUwimAOKsnF3K87wN/The-136-learning-framework.html |archive-url=https://web.archive.org/web/20180617210420/https://www.livemint.com/Leisure/wujQDzUwimAOKsnF3K87wN/The-136-learning-framework.html |archive-date=2018-06-17 |access-date=}} Garg met Ratan Tata during the same year, shortly before the launch of Moglix.{{Cite web |last=Bhan |first=Shereen |date=2024-10-10 |title=The hands-on visionary: How Ratan Tata's guidance shaped the journeys of top Indian entrepreneurs - CNBC TV18 |url=https://www.cnbctv18.com/business/how-ratan-tata-guidance-shaped-the-journeys-of-top-indian-entrepreneurs-19491020.htm |access-date= |website=CNBCTV18 |language=en}} The first funding for Moglix was secured in October 2015 from Ratan Tata and Accel Partners.{{Cite news |date=2021-02-15 |title=Moglix launches supply chain finance platform Credlix |url=https://economictimes.indiatimes.com/small-biz/sme-sector/moglix-launches-supply-chain-finance-platform-credlix/articleshow/80919912.cms?from=mdr |access-date= |work=The Economic Times |issn=0013-0389}}
Under Garg's leadership, Moglix had a presence in 35 cities by 2020.{{Cite news |date=2020-11-10 |title=Moglix expands in India, sets up supply chain in Assam, Goa |url=https://economictimes.indiatimes.com/small-biz/sme-sector/moglix-expands-in-india-sets-up-supply-chain-in-assam-goa/articleshow/79144801.cms |access-date= |work=The Economic Times |issn=0013-0389}}{{Cite web |date=2020-11-17 |title=Watch: Moglix CEO Rahul Garg on new frontiers, acquisitions |url=https://www.techcircle.in/2020/11/17/watch-moglix-ceo-rahul-garg-on-new-frontiers-acquisitions |access-date= |website=Techcircle |language=en}} The company reached a valuation of $2.6 billion by 2022.{{Cite web |last=Inc42 |first=Team |date=2024-02-29 |title=Moglix Has Desh Wapsi On The Cards As It Eyes 2027 Public Listing |url=https://inc42.com/buzz/moglix-has-desh-wapsi-on-the-cards-as-it-eyes-2027-public-listing/ |access-date= |website=Inc42 Media |language=en}} In 2023, Moglix reportedly laid off up to 3% of its employees.{{Cite web |title=Moglix lays off up to 3% workforce |url=https://www.vccircle.com/moglixlays-off-up-to-3-workforce |access-date= |website=VCCircle |language=en-US}} Garg also established the Moglix Foundation, the philanthropic arm of Moglix, which supports projects related to health, environment, and science.{{cite news |last1=Balachandran |first1=Manu |date=Dec 30, 2021 |title=Rahul Garg And Moglix: On A Mission To Impact 100 Million Lives By 2030 |url=https://www.forbesindia.com/article/tycoons-of-tomorrow-2021/rahul-garg-and-moglix-on-a-mission-to-impact-100-million-lives-by-2030/72611/1 |work=Forbes India |language=en}}{{Cite web |last= |first= |date=2021-08-05 |title=Moglix's Rahul Garg launches philanthropic venture Mogli Foundation |url=https://mediabrief.com/moglixs-rahul-garg-launches-mogli-foundation/ |access-date= |website=MediaBrief |language=en-US}} In September 2024, Moglix invested $50 million in its supply chain finance arm, Credlix.{{Cite web |date=2024-09-22 |title=Moglix invests $50 million in Credlix to fuel global supply chain finance expansion - CNBC TV18 |url=https://www.cnbctv18.com/business/startup/moglix-on-track-to-break-even-within-9-months-invests-50-million-in-credlix-19480586.htm |access-date= |website=CNBCTV18 |language=en}} He holds 16 US patents in wireless technology, digital networks, and analytics and serves as the co-chairman of the CII Unicorn Forum.
Awards and achievements
In 2018, Garg was included in Fortune's 40 Under 40 list.{{Cite web |title=Rahul Garg - India's Young & Brightest Entrepreneurs in 40 Under 40 2019 - Fortune India |url=https://www.fortuneindia.com/40under40/rahul-garg?year=2019 |access-date= |website=www.fortuneindia.com |language=en}} In 2019, he was awarded the Entrepreneur of the Year award at the Entrepreneur India Congress & Awards. In 2021, Forbes Magazine recognized him as the Tycoon of Tomorrow,{{Cite web |last=Dass |first=Manisha Isa |title=World Can No Longer Ignore India's Manufacturing Prowess: Forbes India Tycoons Of Tomorrow Rahul Garg |url=https://www.forbesindia.com/video/tycoons-of-tomorrow-2021/world-can-no-longer-ignore-indias-manufacturing-prowess-forbes-india-tycoons-of-tomorrow-rahul-garg/72629 |access-date= |website=Forbes India |language=en}} and he also received the IITK Distinguished Alumnus Award.{{Cite web |title=Rahul Garg - Indian Institute of Technology Kanpur |url=https://iitk.ac.in/dora/profile/Mr-Rahul-Garg |access-date= |website=iitk.ac.in}} In 2023, he was honored with the Most Impactful CEO award from Times Now.
References
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Category:Indian chief executives