[caption id="attachment_103506" align="aligncenter" width="700"]tata_moglix1 Ratan Tata with Rahul Garg, Founder and CEO, Moglix[/caption]

India's most active startup investor and veteran industrialist Ratan Tata has made yet another investment in Moglix, a B2B marketplace of industrial products founded by Rahul Garg, an ex-employee of Google. Tata has invested an undisclosed amount in the company.

Moglix is Tata's sixth investment this year after investing in five companies - DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox - last month. Notably, investment in Moglix is the first instance when Tata has invested in a manufacturing tech-startup, adding to his varied portfolio of e-commerce and new-age tech-enabled companies.

Founded in August 2015 by former Google employee Rahul Garg, Moglix is focused on technologically disrupting the B2B Industrial products space for suppliers and buyers across the globe. The startup facilitates online convenience and enabling supply chain efficiencies in business purchasing.

"When we pitched to Tata, we did not expect him to invest in the venture. He is known to be extremely passionate about manufacturing and technology. In a recent newspaper article, Tata also mentioned his passion for the e-commerce sector. We are an early player in the space. He is India's icon and he will play an important role in mentoring us on business growth, global expansion and leadership," says Rahul Garg, Founder and CEO.

Based out of India & Singapore, Moglix had recently raised Pre-Series A funding from Accel Partners and Jungle Ventures. The funds are being used to enhance the technology platform, build a deep supplier base as well as increase marketing spends across Asia.

Moglix has a client base of 100+ companies in the manufacturing sector. These companies typically have a turnover ranging from Rs 50 crore to Rs 1,000 crore. "We want to aim at companies that have Rs 5,000 crore turnover. By the end of this year, we will be adding 3,000-4,000 companies to our client base."

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