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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]
Additionally, in 2022, Moglix launched a subsidiary company called Zoglix with the aim of expanding its presence in the US market. [13] In 2023, Moglix announced that it operates 3,000 manufacturing plants and 40 warehouses across India, Singapore, the UK, and the UAE. [14] In 2023 Moglix laid off 40 employees, which is 3% of its total staff. [15]
We reviewed brands like Cotopaxi, Peak Design, Away, Patagonia, and more to determine the best travel backpacks and carry-on backpacks in 2024. 13 Best Travel Backpacks for Stress-Free Adventures ...
A good backpack can make or break a school year. And we're not just talking about the style, though that is important for many of our kids. Stylish back-to-school backpacks all under $50
The nonprofit’s theme for the event is Christmas in August, with free backpacks, shoes and household items available for families. When: 9 a.m.- 1 p.m. on Aug. 6.