Ratan Tata backed online platform for businesses to procure finished goods, Moglix, has raised Rs 28 crore from existing investors Accel partners, Jungle Ventures and Seed Plus. Anurag Srivastava, founding and managing partner of Jungle Ventures will be joining the board of Moglix following this round. Catering to the sourcing needs for Small and Medium Enterprises (SMEs) in electrical products for the industry, fasteners, MRO and others, Moglix has a customer base of 20,000 and works with over 100 manufacturing houses.