e-Commerce company Moglix receives investment from industrialist Ratan Tata

Q.  Which e-commerce company has Ratan Tata invested in on 9th February 2016?
- Published on 09 Feb 16

a. Maglicks
b. Moglicks
c. Moglix
d. None of the above

ANSWER: Moglix
 
e-Commerce company Moglix has made the announcement that it has received undisclosed financial investment from industrialist Ratan Tata. The investments have been made in e-commerce and new age technology enabled companies. Moglix is known for its expertise in B2B procurement of industrial products such as fasteners and MROs with pan Asia manufacturers. It also raised Pre-Series A funding from Accel Partners and Jungle Ventures.

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