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.