Moglix, an Indian business to business commerce platform, has secured $60 million in Series D financing round.
U.S. investment firm Tiger Global Management, Sequoia India and Composite Capital led the funding round.
Othe backers including Accel Partners, Jungle Ventures, International Finance Corp., Venture Highway and Tata Sons also participated in the financing.
Moglix will leverage the new funds to accelerate expansion by optimizing technology innovation, analytics, and building and owning a wide range of logistics infrastructure networks.