June 2021 \ News \ GOOD NEWS
Ratan Tata-backed Moglix becomes new unicorn from India

Ratan Tata-backed Moglix in May announced ...

Mr Rahul Garg

“Moglix’s distinctive customer value proposition and ROI are visible in its outstanding customer and revenue retention numbers. We believe Moglix is now well poised to scale and we are thrilled to back the company in the next phase of its growth,” said Navroz D. Udwadia, Co-Founder of Falcon Edge Capital. Garg said that in these unprecedented times, the company has pledged support and disruptive thinking to help solve the challenge of effective distribution and sharing of oxygen concentrators covering 1 million people in the country.

“Globally, we have also been instrumental, in this and the last year, in streamlining the PPE supply-chain and distribution across 20+ countries,” he informed.




Tags: Ratan Tata

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