Moglix aims to facilitate financing worth Rs 1,000 cr through Credlix

B2B commerce company Moglix on Sunday announced the launch of its supply chain financing solution Credlix and said it aims to facilitate financing worth Rs 1,000 crore in the next one year using the digital platform. Credlix, a digital supply financing platform, will provide quick collateral-free working capital solutions exclusively to Moglix's suppliers across India through collaboration with banks.