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Ratan Tata has made investment in Moglix which is an e-commerce company specialising in B2B procurement of industrial products.
Moglix said in a statement that Tata has invested an undisclosed amount in the company and with his expertise and keen interest in the sector, Tata will play an important role in mentoring on business growth, global expansion and leadership.
Rahul Garg, CEO and founder of Moglix said that “We are extremely pleased to have an icon of Indian manufacturing as our advisor. Mr. Tata’s contribution to the manufacturing sector has been inspirational and we look forward to his guidance as we steer the company towards transforming the buying and selling process for manufacturers in the country.”
