PUNE: Jeff Epstein, Operating Partner at Bessemer Venture Partners has joined the Board of Advisors at b2b marketplace Moglix. Epstein, who is based out of Bessemer’s Menlo Park office in the US and leads the Venture’s CFO Advisory Board, specializes in marketplaces,B2B SAAS and advertising technology companies and was the forner CFO at Oracle.
Rahul Garg, CEO, Moglix, said, “It is our privilege to have Jeff on board, his expertise in B2B marketplaces and enterprise SaaS is second to none. Having advised a number of technology companies, Jeff understands the need of cutting-edge technology in achieving operational excellence, compliance and governance." He added, “Moglix has been a part of the SAP Startup Studio since 2016, and with Jeff coming onboard,, we will look at building innovation on top of SAP and Oracle
The association with Epstein will help Moglix strengthen ties with Oracle and bring finesse to the Moglix Digital Supply Chain Global offerings.
Epstein said, "Much is happening in the digital landscape of India and the market, if tapped correctly, has exponential growth prospects. Moglix seems to have caught with the pulse of time having stepped into the next growth phase with the launch of GreenGST, aligning their offerings to demands of digital technology in manufacturing, and collective move towards ease of doing business. I am tremendously happy to be a part of the team and look forward to helping them grow."
Moglix’s Board of Advisors includes people like Tata Group Chairman Emeritus Ratan Tata and Sailesh Rao, Ex-VP, Twitter, Ex- Google.
The announcement comes shortly after Moglix’s Series B round of funding of USD 12 Million from International Finance Corporation (IFC), a member of the World Bank Group, Rocketship vc., and existing investors Accel Partners, Jungle Ventures and Venture Highway. The funds are being utilised to support technology solutions in supply chain and manufactruing, infrastructure growth and expansion plans.