E-commerce startup Moglix acquires Khatema Fibres to strengthen packaging vertical
Enterprise e-commerce unicorn Moglix has announced the strategic acquisition of Khatema Fibres, a Uttarakhand-based sustainable paper manufacturer. The acquisition, executed through the NCLT route, involved an investment of nearly ₹80 crore. Khatema Fibres operates from a 25-acre campus in Uttarakhand and ranks among the country’s top three specialty paper manufacturing plants.
Enterprise e-commerce unicorn Moglix has announced the strategic acquisition of Khatema Fibres, a Uttarakhand-based sustainable paper manufacturer. The acquisition, executed through the NCLT route, involved an investment of nearly ₹80 crore. Khatema Fibres operates from a 25-acre campus in Uttarakhand and ranks among the country’s top three specialty paper manufacturing plants.
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