There is a lot of buzz about India’s e-commerce ba... moreThere is a lot of buzz about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products - now wants to revolutionize this and has huge expansion plans up on its anvil. The startup which last raised $23 million in funding counts Accel Partners, Jungle Ventures and World Bank-affiliated IFC as its investors. It's other backers include Venture Highway, ex-Twitter VP Shailesh Rao, InnoVen Capital and Ratan Tata. Mint's startup Diaries gets into a conversation with Rahul Garg, Founder, Moglix. Also, E-commerce major Flipkart’s Chief Executive Officer (CEO) Kalyan Krishnamurthy has made a personal investment in B2B e-marketplace Moglix. His first individual backing of a company in the B2B e-commerce space.
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