India: Ratan Tata strikes sixth funding deal in 2016, places bets on online B2B marketplace Moglix

India: Ratan Tata strikes sixth funding deal in 2016, places bets on online B2B marketplace Moglix

RatanTata with Rahul Garg, Founder and CEO, Moglix

Ratan Tata, Chairman Emeritus of Tata Sons, has invested an undisclosed amount in Moglix, an online marketplace for business and industrial supplies. This marks Tata’s sixth investment this year and his first in a B2B ecommerce portal.

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