Analysis · Commerce & Consumer Brands

Rahul Garg discusses India's readiness for AI and B2B e-commerce growth

By Startup Enthusiast · 3 September 2026

What they do

Moglix is a B2B e-commerce platform that provides procurement solutions for businesses in India

Rahul Garg, founder of Moglix, argues that India is not yet ready to fully embrace the AI wave in manufacturing and exports

Moglix's subsidiary, Credlix, has crossed $1 billion in export financing for MSMEs and aims to reach $10 billion in five years

Rahul Garg, founder of Moglix, discusses the challenges India faces in embracing the AI wave in manufacturing and exports.
Moglix is a B2B e-commerce platform that provides procurement solutions for businesses in India.
Garg argues that India is not yet ready to fully embrace the AI wave in manufacturing and exports due to issues like geographic hedging.
Moglix's subsidiary, Credlix, has crossed $1 billion in export financing for micro, small and medium enterprises (MSMEs) and aims to reach $10 billion in five years.
Credlix provides a range of financing solutions, including purchase-order financing, invoice or sales-bill discounting, export and import factoring, vendor and channel finance, and business loans.

India's export-finance opportunity is large, but specialized cross-border financing remains relatively underdeveloped.
Merchandise exports were $441.8 billion in FY26, while MSMEs accounted for roughly 45% of exports.
The government is trying to address the financing gap with initiatives like the ₹25,060 crore Export Promotion Mission.

Moglix is an online platform that provides procurement solutions for businesses in India, offering a wide range of products such as appliances, power tools, electronics, safety equipment, and more.
The platform allows businesses to source products online, with options for fast delivery and competitive pricing.
Moglix operates in various industrial categories and has over 45,000 suppliers on its platform.
The company also offers a range of financing solutions through its subsidiary, Credlix, to support MSMEs in their export activities.
Credlix provides financing solutions such as purchase-order financing, invoice discounting, and export factoring to help MSMEs manage their working capital.

Credlix aims to grow its export financing to $10 billion in five years.
India's export-finance market is expected to grow as the country expands its network of free-trade agreements.
Garg sees the export-finance opportunity as part of a larger effort to increase India's participation in global supply chains.