Tata has invested an undisclosed amount in the company and with his expertise and keen interest in the sector, the industrialist will play an important role in mentoring Moglix on business growth
Read MoreIn order to promote a start-up ecosystem the government must first fundamentally reorganise its procurement policies
Read MoreBank of America Merrill Lynch has forecast Indian e-commerce will surge to $220 billion by 2025 from about $11 billion in 2015
Read MoreAs many as 32 venture capitalists are in line to raise as much as Rs 4,432 million, as per data available with research firm Venture Intelligence
Read MoreThe majority of the world's successful entrepreneurs never had formal education or training in the field they ventured into and yet they created monumental successes.
Read MoreThe company has been struggling with mounting losses and falling market share according to local media reports
Read MoreThe Bengaluru-based firm will use the funds to develop the product, grow its present team and increase user engagement
Read MoreEven as Prime Minister Narendra Modi lines up a four-year, Rs 10,000 crore government fund to help startups create jobs, entrepreneurs fear that may prove a drop in the ocean
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