Moglix, one of Asia’s leading B2B e-commerce and industrial supply chain startups, has appointed Sanjeev Arora as its new Chief Financial Officer (CFO), signalling a focused move toward its much-anticipated initial public offering (IPO) and long-term financial growth strategy.

The company made the announcement on April 15, outlining Arora’s mandate to lead financial strategy, capital planning, and IPO readiness as it prepares for its next phase of domestic and global expansion.

Sanjeev Arora: A Proven Leader in IPO Execution

Sanjeev Arora joins Moglix with more than 20 years of leadership experience in the financial domains of both listed companies and privately held businesses, spanning diverse industries like:

• Automotive

• Chemicals

• Consumer Goods

• Telecom

• FMCG

Prior to joining Moglix, Arora was Senior Vice President of Finance at ASK Automotive, where he played a critical role in taking the company public. At ASK, he led IPO preparation, worked closely with global advisors, managed investor relations, and oversaw regulatory compliance and communication — experience that now becomes pivotal to Moglix’s public listing ambitions.

Earlier in his career, Arora was CFO and board member at Mosaic India, responsible for financial operations, M&A initiatives, business strategy, risk management, and digital transformation. His resume also includes senior financial leadership roles at Goodyear India, Nokia, Apollo International, and ConAgra, giving him deep familiarity with financial planning, public company governance, and global capital markets.

In his statement following the appointment, Arora said:

“Moglix is building something truly transformative in India’s industrial and supply chain ecosystem. I’m excited to join this journey and contribute towards strengthening the finance function to enable sustainable and strategic growth.”

Moglix’s Vision: IPO and Global Supply Chain Dominance

Founded in 2015 by Rahul Garg, Moglix has rapidly become a leading digital supply chain enabler, offering B2B procurement, financing, logistics, and technology solutions. The company serves:

• Over 1,000 large enterprises

• More than 3,000 factories

• Sectors like automotive, energy, chemicals, metals, and infrastructure

Its end-to-end offerings allow businesses to manage everything from industrial sourcing to supply chain financing, powered by its fintech arm, Credlix, which provides working capital solutions to buyers and suppliers.

Moglix has a growing international footprint, with operations in:

• India

• Southeast Asia

• Middle East

• North America

According to Rahul Garg, Founder and CEO of Moglix, the appointment of Sanjeev Arora marks a pivotal step in the company’s scaling roadmap. He stated:

“We’re pleased to welcome Sanjeev to the Moglix team. His acumen in financial strategy and capital markets will be invaluable as we scale towards our next phase of growth. We look forward to working together to further strengthen our financial foundation and drive long-term value creation.”

IPO on the Horizon

With this new leadership move, Moglix is visibly aligning itself toward an IPO, becoming the latest in a growing wave of Indian unicorns preparing to go public. The company is expected to leverage Arora’s deep IPO execution experience to:

• Establish IPO readiness

• Develop robust capital structures

• Engage effectively with investors and regulatory bodies

• Ensure governance and compliance frameworks are IPO-grade

Given the company’s scale and investor interest in B2B digital infrastructure, the Moglix IPO is likely to attract strong institutional participation when it opens. Analysts expect the company’s public issue to highlight its profitable unit economics, global ambitions, and end-to-end digital supply chain capabilities.

India’s Industrial Supply Chain Evolution

The appointment also underscores a broader theme: India’s shift toward organised, digitised, and scalable B2B commerce platforms. Moglix is already at the forefront of this transformation, with its digital-first model and integrated solutions that reduce cost, enhance efficiency, and bring transparency to procurement and logistics operations.

Its platform also supports inventory optimization, supplier onboarding, and category-wise procurement solutions, helping enterprises stay agile in volatile market conditions.

By enhancing its financial leadership with someone like Arora, Moglix is de-risking its IPO journey while preparing to meet the stringent expectations of public markets.

Conclusion

With the onboarding of Sanjeev Arora as CFO, Moglix is solidifying its core financial leadership at a time when its operational model is ripe for global scale and investor confidence. His arrival signals more than just an executive appointment — it marks a strategic step in India’s evolving startup IPO landscape, where mature governance, capital market alignment, and sustainable growth will define future unicorn success stories.

The coming months will likely see enhanced investor roadshows, financial restructuring, and finalisation of IPO timelines, with Moglix poised to emerge as one of the most awaited listings in India’s B2B tech space.

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