| Date | Title | Description |
| 05.09.2025 | The Future of Generic Medicine Retail in India | Ahmedabad, Gujarat, India
India’s pharmacy and healthcare sector has emerged as one of the most dynamic industries in the world, driven by a growing population, increasing healthcare needs, and rising demand for affordable medicines. With a... |
| 04.09.2025 | India's Innovation Drive: Startups Tackle Healthcare Costs, Water Quality, Digital Engagement | Indian startups are booming. PlatinumRx, a chronic-care online pharmacy, secured $6 million in Series A funding. It directly addresses India's high medicine costs. The platform offers vetted, affordable generic substitutes, aiming for signi... |
| 03.09.2025 | PlatinumRx is betting on generic substitutes to cut India’s soaring medicine bills | For most Indians with diabetes or hypertension, the monthly medicine bill can rival a household’s rent. The drugs they take are technically generics, yet they are sold as “branded generics” at markups as high as six times the base cost, mak... |
| 03.09.2025 | Online pharmacy PlatinumRx raises $6 million in round led by Stellaris Venture Partners | Synopsis
Existing investor India Quotient participated in the funding round. The platform, which helps customers find substitute brands of affordable drugs, plans to use the fresh capital to expand operations, add new fulfilment centres and... |
| 11.08.2025 | Truemeds Secures $85 Million to Revolutionize India's Healthcare Access | Truemeds, a leading e-pharmacy, secured $85 million in Series C funding. Accel and Peak XV Partners led the investment. This significant capital injection accelerates its mission. The company targets India's vast non-metro regions. It deliv... |
| 11.08.2025 | Truemeds closes $85 million funding led by Accel and Peak XV Partners | Synopsis
Truemeds, a telehealth platform, has received $85 million in funding. Accel and Peak XV Partners led the investment round. The company plans to expand its fulfillment centers and team. They will also establish a technology hub in B... |
| 11.08.2025 | Truemeds raises $85M to target non-metro markets | Epharmacy and telehealth platform Truemeds has raised $85 million in Series C funding to accelerate its push into smaller cities and towns.
The financing, completed in two tranches, was led first by Accel and later by Peak XV Partners, with... |
| 24.07.2025 | Tata Digital’s FY25 Turnover Down 14%, 1mg Revenue Zooms 20% | SUMMARY
1mg saw its consolidated turnover zoom 20% in the financial year ending March 2025 (FY25) to INR 2,392 Cr from INR 1,968 Cr in the previous fiscal
Meanwhile, Tata Cliq, the fashion ecommerce platform of the Tata Group, reported a 19... |
| 21.04.2025 | Bootstrapped Indian Startup Innovating Treatment for Eczema, Itch & Beyond Discover the Inspiring Story of How One Man's Battle with Eczema Sparked the Next Big Dermocosmetics Breakthrough | When personal health challenges inspire innovation, remarkable solutions can emerge. Such is the story behind NistuHeal, a breakthrough dermocosmetic product addressing eczema and chronic itch. After suffering from relentless eczema for a d... |
| 04.02.2025 | India Conference At Harvard 2025: Charting India’s Rise To Global Stage | SUMMARY
The 2025 edition of the India Conference at Harvard will be held on February 15 & 16, with the theme – “From India to the World”
The India Conference at Harvard 2025 aspires to spark conversations and collaborations that leverag... |
| 21.01.2025 | Zepto eyes 10-min medicine delivery space | In a move to enter the medicine delivery space, Zepto has introduced ‘Zepto Pharmacy’ as part of its pilot programme in select locations across Bengaluru, Mumbai, and Hyderabad.
The offering is integrated within the company’s main app and o... |
| 14.12.2024 | E-commerce platforms to adopt Safety Pledge to protect online consumers on December 24 | Major e-commerce platforms such as Zomato, Ajio and Ola will adopt a Safety Pledge on National Consumer Day on December 24 as part of steps to enhance product safety for online shoppers.
The voluntary commitment, announced by the Department... |
| 13.12.2024 | YouTuber Bhuvan Bam Joins Sexual Wellness Brand Peppy as Co-Founder and Investor Peppy products are available on major e-commerce platforms like Amazon, Meesho, Flipkart, Tata 1mg, and Hyugalife. | Peppy, a Direct-to-Consumer (D2C) brand focused on sexual wellness and pleasure, has made its official launch in India. Founded in 2023 by entrepreneurs Shyamal Gupta and Devansh Agarwal, the startup has partnered with digital content creat... |
| 19.11.2024 | HealthKart's $153 Million Funding: A New Chapter in Nutrition and Growth | In the bustling world of consumer nutrition, HealthKart has made headlines with its recent funding triumph. The Gurugram-based platform has secured a staggering $153 million in a funding round led by ChrysCapital and Motilal Oswal Alternate... |
| 19.11.2024 | Former World Bank Executive Sayan Ghosh Launches INR 300 Cr Venture Capital Fund The fund aims to invest in over 20 companies, up to INR 15 crore (USD 2 million) each, and has already backed three pro... | Ortella Global Capital (OG Capital), spearheaded by former International Finance Corporation executive Sayan Ghosh, has launched an INR 300 crore (approximately USD 36 million) venture capital fund. Positioned as India's first VC fund focus... |
| 19.11.2024 | Former IFC executive Sayan Ghosh launches venture capital fund | Sayan Ghosh, managing partner, OG Capital
Sayan Ghosh, who was part of the International Finance Corporation’s (IFC) team that made investments in venture capital and private equity funds as well as direct bets on homegrown companies, has l... |
| 18.11.2024 | HealthKart Raises USD 153 Mn, Announces First INR 55 Cr ESOP Buyback Founded in 2011 by IIT and Harvard alumnus Sameer Maheshwari, HealthKart is a consumer nutrition platform, operating digital-first ... | Gurugram-based omnichannel nutrition platform HealthKart has secured USD 153 million in a funding round led by ChrysCapital and Motilal Oswal Alternates, with participation from Neo Group and existing investor A91 Partners. Avendus Capital ... |
| 26.09.2024 | Celara Diagnostics acquired by Redcliffe Labs for $7 M | The company’s second acquisition in the diagnostics sector this year will be Celara Diagnostics, which is set to be acquired by omnichannel diagnostics service provider Redcliffe Labs.
Redcliffe Labs’ board of directors has approved the pur... |
| 21.09.2024 | Omnichannel diagnostics service provider Redcliffe Labs raised $42 M Series C funding | Redcliffe Labs, a provider of omnichannel diagnostics services, has raised $42 million in a Series C funding round, with $20 million contributed by Danish investment firm IFU. LeapFrog, an existing investor, contributed an additional $15 mi... |
| 17.09.2024 | Redcliffe Labs: A Diagnostic Revolution in India | In the bustling landscape of Indian healthcare, Redcliffe Labs is carving a niche. The company recently secured $42 million in a Series C funding round, a significant leap forward. This round was led by Denmark's Investment Fund for Develop... |
| 17.09.2024 | Redcliffe Labs raises $42 Mn in Series C round | Omnichannel diagnostics service provider Redcliffe Labs has raised $42 million in a Series C funding round led by Denmark-based investment firm IFU, which contributed $20 million. Existing investor LeapFrog added $15 million, while the rema... |
| 12.09.2024 | Tata Sons and Archies: Two Giants Navigating New Waters | In the bustling landscape of Indian business, two companies stand out: Tata Sons and Archies. Each represents a different facet of the economy, yet both are on the brink of transformation. Tata Sons, a titan in diversified industries, is po... |
| 09.09.2024 | TATA Sons Extend its Arms For INR 10,000 Crore Investment Across its Verticals in FY24 By the end of March 2024, Tata Sons' total investments in unlisted equity shares of subsidiaries, associates, and... | In its annual review, Tata Sons highlighted its strategy of investing in both new and existing businesses to support growth, reduce debt and capitalize on India's economic potential. The company is focusing on sectors that benefit from glob... |
| 27.08.2024 | Kae Capital Welcomes Abhishek Srivastava as General Partner, Promotes Gaurav Chaturvedi Abhishek Srivastava brings 20+ years of experience, including leadership roles at Endiya Partners and Ventureast... | Mumbai-based early-stage venture capital firm Kae Capital has bolstered its leadership team with significant appointments. Abhishek Srivastava has joined the firm as a General Partner, while Gaurav Chaturvedi, a key player at Kae Capital si... |
| 24.08.2024 | LoanKuber raised $3.5 M Pre-series B funding from TRTL VC, IPV, others | The Singapore-based TRTL VC and longtime supporter Inflection Point Ventures led a $3.5 million pre-Series B round for the mortgage brand LoanKuber, which runs Janasha Finance.
Auxano, LetsVenture, Mavuca Capital, and angel investors Ruchi ... |
| 27.05.2024 | Japan’s Eneos leads Zypp Electric’s Series C funding | (From left) Zypp Electric co-founders Tushar Mehta, Akash Gupta and Rashi Agarwal
Electric vehicle delivery app Zypp Electric Tuesday said it has raised $15 million (Rs 124.6 crore) as part of its Series C funding round, led by Japanese inv... |
| 14.09.2023 | India’s Kae Capital closes $50m early-stage fund | InvestmentsNews
Lokesh Choudhary · 14 Sep 2023 · 2 min readIndia’s Kae Capital closes $50m early-stage fund
The Kae Capital team / Photo credit: Kae Capital
Kae Capital has closed Winners Fund II (KWF II), its second early-stage fund, with ... |
| 31.07.2023 | Tata 1mg Labs Commits Free Anemia Screenings for 10,000 Women and Children | New Delhi, Delhi, India
Each year, on the occasion of JRD Tata's birth anniversary, Tata Group companies come together to celebrate the legacy of the visionary leader. This year, Tata 1mg Labs is launching a crucial campaign to raise Anemia... |
| 03.03.2023 | Tata 1mg Redefines Customer Experience with its #OneDayWithTheCustomer Programme | New Delhi, Delhi, India
India’s largest digital health platform, Tata 1mg, recently concluded its unique internal annual programme, #OneDayWithYourCustomer, designed to understand and serve customers better. More than 45 senior leaders from... |
| 17.02.2023 | Tata 1mg Announces 'Grand Saving Days' Sale from 17th February | New Delhi, Delhi, India
The flagship biannual sale will start on February 17 and go on until February 21
Mega offers on 2 lakh+ medicine and health brands, lab tests and eConsults
Exclusive 24-hour early bird access for Care Plan members
Ta... |
| 11.11.2022 | Tata 1mg Launches #RiseAgainstDiabetes Campaign in Association with NDTV | New Delhi, Delhi, India
Ahead of the World Diabetes Day (14 Nov 2022), India’s largest digital health platform Tata 1mg is launching a video campaign #RiseAgainstDiabetes in association with the leading news channels, NDTV India and NDTV 24... |
| 14.10.2022 | 5C Network, a digital diagnostics startup backed by Tata 1mg raised $4.6 M | Existing investors Unitus Ventures and Axilor Ventures, as well as angel investors, joined the round that was led by Celesta Capital.
The new funding will be used by 5C Network to expand and strengthen its diagnostic clientele as well as to... |
| 23.09.2022 | Tata 1mg Partners with Ed-tech Giant Seekho to Research, Develop, and Deploy Industry-Relevant Skilling Initiatives in Various Sectors | New Delhi, Delhi, India
Tata 1mg, India’s leading technology-enabled healthcare services provider, has partnered with Seekho.ai, an AI-powered upskilling platform backed by Sequoia Capital, to roll out industry-certified programs in healthc... |
| 14.09.2022 | Tata 1mg 'Grand Saving Days' Sale to Begin on Sept 16, 2022 | Delhi, India
Spreading festive cheer ahead of the festival season, Tata 1mg, India's largest digital health platform, has announced its much-awaited biggest sale event, Grand Saving Days (GSD), from September 16 - 20, 2022.
Gaurav Agarwal, ... |
| 07.09.2022 | 1mg raises $40 mn at unicorn valuation | 1mg raises $40 mn at unicorn valuation
Premium Photo: Mint 1 min read . Updated: 07 Sep 2022, 01:24 AM IST Aman Rawat & Sneha Shah
Tata Digital Limited invested about $32 million while KWE Beteiligungen and HBM Healthcare Invested close... |
| 06.09.2022 | Online pharmacy platform Tata 1mg turns unicorn after raising $40 mn | Online pharmacy platform Tata 1mg turned a unicorn after raising close to $40 million in a funding round led by Tata Digital, media reports said.
The company was yet to comment on the valuations till the time of going to press. 1mg has rais... |
| 06.09.2022 | Tata 1mg raises $40M led by Tata Digital, turns unicorn | E-pharmacy platform Tata 1MG crossed the coveted billion-dollar valuation mark after raising about $40 million (Rs 319.4 crore) in a round led by Tata Digital. Other investors participating in the round include MPOF Mauritius Ltd, HBM Hea... |
| 06.09.2022 | Tata Digital-owned 1mg raises $40 million in fresh round at unicorn valuation | Credit: 123RF.com
Tata 1mg Technologies Pvt. Ltd, which runs online pharmacy 1mg, has raised $40 million in a funding round led by its majority shareholder Tata Digital Limited at a unicorn valuation.
KWE Beteiligungen AG, HBM Healthcare In... |
| 06.09.2022 | 1mg joins unicorn club with $40 million funding led by Tata Digital | unicorn
Tata-owned online healthtech platform 1mg has joined the coveted unicorn club with fresh funding of about $40 million in a round led by Tata Digital, which valued the startup at between $1.25 and $1.30 billion.
Unicorns are startups... |
| 09.06.2022 | Tata 1mg Turns Unicorn After Raising $40 Mn In Funding Round Led By Tata Digital | Tata 1mg infused $32 Mn for 24,711 equity shares in Tata 1MG in the round, which also saw participation from KWE Beteiligungen AG, HBM Healthcare Investments, among others
Tata 1mg has become the third startup owned by Tata Digital to enter... |
| 17.05.2021 | India Deal Monitor: E-pharmacy 1MG secures $13.5m and more updates | ResearchPremium
1MG Technologies Pvt Ltd, which operates online pharmacy 1MG, has raised about $13.5 million in funding from Tata Sons’s digital services subsidiary Tata Digital.
According to Entrackr, Tata Digital is picking up Rs100 crore... |
| 11.01.2021 | Online Pharmacy 1mg’s Revenue Surges By 158% In FY20 | Online pharmacy 1mg saw its total income increase by 158%, from INR 19 Cr in the fiscal year 2018-19 (FY19) to INR 49 Cr in FY20, ahead of the major year for online pharmacies and telemedicine startups amid the pandemic.
However, during the... |
| 07.09.2020 | Healthcare Startup 1MG is Looking to Raise $100 Million in Funding; Gaja Capital May Lead the Round | Advertisment
The discussions are underway on the final contours of the deal, which may include the total round being completed in tranches, sources aware of the matter said.
For Gaja, if the deal with the 1MG closes, it will be its first ... |
| 07.02.2020 | [Funding alert] Online pharma startup 1mg raises Rs 71 Cr from Bill and Melinda Gates Foundation | Gurguram-based healthcare startup 1mg has raised a total of $10 million in a venture round from the Bill and Melinda Gates Foundation.
As part of the deal, the foundation was allotted Class 5 Compulsorily Convertible Preference Shares (CCPS... |
| 05.02.2020 | India Deal Monitor: e-pharmacy 1mg snags $10m and more updates | Premium
1MG Technologies Pvt. Ltd, which operates online pharmacy 1MG, has raised about $10 million (Rs 71 crore) in funding from the Bill & Melinda Gates Foundation.
According to the filings with the Ministry of Corporate Affairs, the ... |
| 28.06.2019 | Swiss investor Corisol leads $70 mn funding round in online pharmacy 1mg | Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $70 million (Rs 483 crore) in its Series D round of funding led by Switzerland-based family office Corisol Holdings.
International Finance Cor... |
| 28.06.2019 | 1mg scores $70 Mn Series D round anchored by Corisol Holdings | Gurugram-headquartered online pharmacy and healthcare portal 1mg has closed $70 million Series D round led by Corisol Holdings with the participation of the World Bank’s investment arm IFC.
While Redwood Global and Korea Omega Healthcare Fu... |
| 28.06.2019 | India: Online pharmacy 1MG closes $70m funding round led by Corisol, IFC | Premium
Gurugram-based online pharmacy 1MG Technologies Pvt. Ltd has closed its $70-million Series D funding round led by European family office Corisol Holdings and the International Finance Corporation (IFC), a part of the World Bank Grou... |
| 05.04.2019 | India: Online pharmacy 1MG raises $45m led by KWE Beteiligungen, Redwood | Premium
Gurugram-based online pharmacy 1MG Technologies Pvt. Ltd has raised about $45.3 million in funding between December 2018 and March 2019 led by Corisol Holding AG’s unit KWE Beteiligungen, and Redwood Global Healthcare Fund, accordin... |
| 05.04.2019 | Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others | Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore) in fresh funding led by South Korean investment firm Redwood Global Healthcare Fund.
Redwood acquired shares w... |
| 09.01.2019 | 1mg is raising $35 Mn at $200 Mn valuation; Kae Capital likely to exit | Online pharmacy startup 1mg is in the final leg to raise $35.31 million in a fresh round led by new investor Corisol Holding AG, a Switzerland-based family office.
Existing investors Sequoia Capital India, Omidyar Network and Swiss healthca... |
| 17.09.2018 | Indian patient-doctor platform DocPrime gets $50M for city expansion | Less than three months after it raised $200 million led by SoftBank’s mighty Vision Fund, Indian digital insurance startup PolicyBazaar beefed up its new healthcare business through a $50 million capital injection.
DocPrime, which lets visi... |
| 27.04.2018 | Exclusive: Online pharmacy 1mg raises fresh capital at $75 mn valuation | Gurugram-based 1mg Technologies Pvt. Ltd, which operates online pharmacy 1mg, has raised fresh capital to scale its business as it takes on better-funded rivals Netmeds and PharmEasy.The firm has ... TO READ THE FULL STORY
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| 04.12.2017 | Furniture and home appliances renting platform Rentickle secures $4 mn | Rentickle.com, an online platform that allows users to rent lifestyle products including home appliances, furniture and cameras on a monthly subscription model, has raised around $4 million (Rs 25 crore) in a fresh round of funding.
The com... |
| 27.07.2017 | Online healthcare platform 1mg secures $15 Mn Series C round | Gurugram-based digital health startup 1mg has secured $15 million in Series C round led by HBM Healthcare Investment and existing investors-Maverick Capital Ventures, Sequoia India, Omidyar Network and Kae Capital.
The online marketplace, w... |
| 27.07.2017 | Online drug marketplace 1mg raises $15 mn from existing investors | Gurgaon-based 1mg Technologies Pvt. Ltd, operator of the online drug marketplace 1mg, said on Thursday it has raised $15 million (Rs 96.7 crore) in a Series C round of funding from its existing investors.
The investment was led by Switzerla... |
| 27.07.2017 | India: 1mg raises $15m in funding round led by HBM Healthcare | Premium
Online pharmacy and healthcare services start-up 1mg Technologies Pvt. Ltd has raised $15 million in a funding round led by global healthcare-focused fund HBM Healthcare Investments AG, to launch predictive healthcare and corporate ... |
| 27.07.2017 | 1mg raises $15 million in funding round led by HBM Healthcare | 1mg was carved out from Healthkart, a marketplace for nutrition products, in April 2015 to focus on online retail of medicines. 1mg raises $15 million in funding round led by HBM Healthcare 2 min read . Updated: 27 Jul 2017, 08:53 AM IST Yu... |
| 08.03.2017 | Udacity adds robotics and digital marketing Nanodegree programs, 21 new hiring partners | Today at the inaugural Udacity Intersect conference, the online education startup announced new robotics and digital marketing variants of its popular Nanodegrees — an effort to expand its corpus of 21st century skills-based courses. In add... |
| 07.07.2016 | Report: Telemedicine is behind many of the largest non-US digital health deals in H1 ’16 | Codoon produces fitness wearables and connected devices in the consumer wellness space. Based in Chengdou in China, the company raised $50 million in a Series C round. Advertising company Focus Media and investment firm FountainVest Partner... |
| 21.04.2016 | 1mg Raises $16M in Series B Funding | 1mg, a Gurgaon, India-based consumer health platform, raised $16m in Series B funding.
The round was led by Maverick Capital Ventures, with participation from Sequoia India and Omidyar Network.
The company will use the funds to continue to ... |
| 20.04.2016 | Pharmacy startup 1mg raises $15m Series B from Maverick, Sequoia India | Premium
Healthcare start-up 1mg Technologies Pvt. Ltd has raised Rs.100 crore in a Series B funding round from Maverick Capital Ventures, the venture capital arm of US-based hedge fund Maverick Capital, besides existing investors Sequoia Ca... |
| 20.04.2016 | 1mg gets $16 million Series B to make India’s health industry more transparent | India’s pharmaceutical market is filled with generic options—but they don’t always save consumers money. In fact, some drugs are even more expensive than their branded counterparts. Created to give patients more power over their health cost... |
| 20.04.2016 | Daily funding roundup - April 20, 2016 | Cabify bagged $120M; Brighter raised $21M; Fame and Partners secured $10.2M
Beijing-based Yummy Express, China’s O2O solutions provider offering logistics and operations services completed $10 million of Series C Financing, led by ClearVue ... |
| 20.04.2016 | Online drug marketplace 1mg raises $15M from Maverick Capital, others | Gurgaon-based Bright Lifecare Pvt Ltd, operator of the online drug marketplace 1mg, said it has raised Rs 100 crore ($15 million) in a Series B funding round led by Maverick Capital Ventures, the venture capital arm of US-based hedge fund M... |
| 12.04.2016 | Task management app MagicX raises $1M from Kris Gopalakrishnan, others | Bangalore-based Magiclane App Services Pvt Ltd, which operates on-demand task management app MagicX, has raised $1 million (around Rs 6.6 crore) in seed funding from Infosys co-founder Kris Gopalakrishnan and Dr. Ranjan Pai, MD and CEO of M... |
| 09.12.2015 | Personal assistant app Joe Hukum secures seed funding | Joe Hukum, an app-based provider of concierge services, has raised an undisclosed sum in seed funding from TracxnLabs, Citrus Payments’ Jitendra Gupta and 1mg.com’s Prashant Tandon.
The startup will use the money raised to scale up operatio... |
| 07.10.2015 | Virtual homeopathy clinic Welcome Cure raises $6M | Welcome Cure Pvt. Ltd, which runs an online healthcare platform providing consultation, diagnosis and treatment using homeopathy, has raised $6 million (Rs 39 crore) in its pre-Series A funding round, according to a press statement.
Althoug... |
| 24.08.2015 | Phaneesh Murthy eyes $12M for health-tech venture | IT industry veteran Phaneesh Murthy-led P M Health & Life Care Pvt Ltd, that is trying to create a ‘health exchange’ to bring clinics, hospitals, diagnostic centres and doctors together on one platform, is in talks to raise $10-12 milli... |
| 01.07.2015 | 1mg Unveils 'Doctors by 1mg' on National Doctors Day | New Delhi, Delhi, India
1mg.com, India’s leading m-health platform, today launched ‘Doctors by 1mg’ on the Android platform, to help Delhi NCR discover best doctors and book appointments. A companion to the 1mg App which is the leading cons... |
| 25.06.2015 | 1mg.com Acquires Homeobuy.com; Major Expansion Plans on the Cards | New Delhi, Delhi, India
Aggressively moving towards its expansion plans, 1mg.com - India’s leading m-health platform that has also been operating the largest e-Pharmacy marketplace in the country, announced today that it has decided to expa... |
| 24.04.2015 | Funding roundup - week ending 4/24/15 | Freshdesk, Oscar, Color Genomics, Gravie, Full Measure Education, Sulekha, Music Messenger, Onfleet
Seed stage
Digital wallet CoinTent raised a $1 million seed round from Foundry Group, QueensBridge Venture Partners, Mark Pincus, Donna Dubi... |
| 20.04.2015 | Online marketplace for medicines HealthKartPlus rebrands as 1MG; raises $6M | Gurgaon-based Bright Lifecare Pvt Ltd has rebranded its online medicine store HealthKartPlus to 1MG and spun it off into a separate company 1MG Technologies Pvt. Ltd. The new firm has separately raised $6 million (Rs 32 crore) from existing... |
| - | 1Mg Valued At $240 Mn After Tata Group’s $13 Mn Debt Infusion | While the Tata Group is in final stages to acquire 1mg for its super app proposition, the Mumbai-headquartered multinational conglomerate has infused INR 100 Cr ($13.3 Mn) in the epharmacy startup through a venture debt investment. The comp... |
| - | India Cannot Solve Its Healthcare Problems By Operating The Way It Has Operated All These Years: Prashant Tandon, Co-founder, 1mg | In January 2013, a long Whatsapp message starting with “V.V.IMP” was doing the rounds. It went like this –
While to a normal user it might seem like one amongst the thousands of other forwarded messages, for digital health platform 1mg, it ... |
| - | Healthkart Separates & Rebrands HealthkartPlus To 1MG, Gets $6 Mn For The Newly Formed Entity | Medicine Image Via ShutterStock
Gurgaon based ecommerce platform for health products, Healthkart.com has separated its generic drug search business HealthkartPlus and has rebranded it to 1MG which will be operated under 1MG Technologies Pvt... |
| - | 1mg Looks To Raise $100 Mn To Build Muscle To Fend Off Amazon, Reliance | As the online medicine sector has been gaining momentum with the latest entrants, deals and mergers, epharmacies startup 1mg is reportedly in talks with Indian and global private investment firms to raise $100 Mn to fend off the competition... |
| - | Funding Galore: Startup Fundings Of The Week [26 September – 1 October] | Pune-based converged data protection solution provider Druva raised $51 Mn funding from Sequoia India, Singapore-based EDBI, as well as Blue Cloud Ventures and Hercules Capital. This round also includes contributions from other existing inv... |
| - | 1MG Raises $70 Mn Series D Round Led by Corisol Holdings | Healthtech startup 1MG has closed its $70 Mn Series D round led by Corisol Holdings, along with the World Bank’s investment vertical IFC.
Other investors including Redwood Global, Korea Omega Healthcare Fund, existing investors such as Sequ... |
| - | Report: Telemedicine is behind many of the largest non-US digital health deals in H1 ’16 | StartUp Health Insights, Digital Health Funding Rankings, Midyear Report
The first of half of 2016 is off to a roaring start for digital health investment and has reached $3.9 billion — that’s about $1B more than this time last year, accord... |
| - | Healthtech Firm 1mg Gets $15 Mn Funding Boost To Expand Its Online Diagnostics, Consultation Services | 1mg, the Gurugram-based healthtech startup has raised an additional $15 Mn funding in Series C round. The new funds were fuelled in by HBM Healthcare Investments along with existing investors Sequoia India, Maverick Capital Ventures, Omidya... |
| - | Tata Group Eyes Majority Stake In 1mg, Looks To Overtake Reliance-Netmeds | Tata Group seems to be going after Mukesh Ambani’s Reliance Retail and ecommerce giant Amazon to create its dominance over the online retail segment. The Ratan Tata-led company is now eying a majority stake in Gurugram-based startup 1mg to ... |
| - | Exclusive: Epharmacy Startup 1MG Raises INR 314 Cr | Gurugram-headquartered epharmacy startup 1MG has raised INR 314 Cr ($45.4 Mn) in a funding round raised between December 2018 and March 2019. The round has been led by investors including — Corsiol Holding, AG’s subsidiary KWE Beteiligungen... |
| - | Tata Group Looks To Acquire BigBasket, 1mg For $1.2 Bn | Tata Group is looking to shell out about $1.2 Bn in order to make a formal entry into the online grocery and medicine segment by acquiring a majority stake in BigBasket and 1mg. The enterprise is looking to invest about $940 Mn-$950 Mn in B... |
| - | Healthcare App myUpchar Raises $5 Mn Funding In Series A Round | Delhi-based healthcare startup myUpchar has raised $5 Mn from Nexus Venture Partners, Omidyar Network, and Shunwei Capital in the Series A funding round.
myUpchar was founded in 2016 by Rajat Garg and Manuj Garg when they realised that ther... |
| - | Meet The 46 Startups On Action Covid-19 Team’s Grantee List | Launched by a group of prominent Indian startup founders and investors in early April 2020, Action Covid-19 Team (ACT) Grants has added 49 initiatives to its grantee list. This INR 100 Cr grant was envisioned to help the government and othe... |
| - | #StartupsVsCovid19: Meet The 27 Initiatives Backed By Action Covid-19 Team | Infocus Covid19 Tech Impact
Latest updates & innovations, in-depth resources, live webinars and guides to help businesses navigate through the impact of the COVID19 pandemic on India's economy.
In an attempt to help the government’s ini... |
| - | 1mg Records 223% Revenue Growth In FY18, But At A High Cost | 1mg Technologies, an epharma company, recently released its financials for FY 2017-18. According to the documents, sourced from Tofler, the company reported its revenues for the period ending March 31, 2018, as INR 39.8 Cr ($5.4 Mn), a 223%... |
| - | Exclusive: 1mg Looks To Raise $17 Mn Debt From Existing Investors | Online pharmacy 1mg is raising INR 133 Cr ($17 Mn) in debt from existing investors MPOF Mauritius, MAF Mauritius, HBM Healthcare Investment, AG’s subsidiary KWE Beteiligungen and World Bank’s investment arm International Finance Corporation... |
| - | Exclusive: Bill & Melinda Gates Foundation Invests In 1MG | Gurugram-headquartered healthtech startup 1MG has now added yet another global investor to its cap table with fresh funds and offering intellectual property.
According to the Ministry of Corporate Affairs filings accessed by Inc42, the comp... |
| - | News Roundup: 11 Indian Startup News Stories You Don’t Want To Miss This Week [June 15 – 20] | We bring to you the latest edition of News Roundup: Indian Startup Stories Of The Week!
Following objections raised by 8.5 Lakh brick-and-mortar retail chemists across India, the government informed the Delhi high court that it will be susp... |
| - | Indian Startup Hubs: 61 Delhi Startups To Look Out For (Updated 2018) | As part of our Indian Startup Hubs Series in past few weeks we have discussed about the startup ecosystems in Mumbai, Pune and Bangalore. This week, we will be covering about the growing Startup Ecosystem in Delhi & NCR.
In India, Delhi... |
| - | Online Pharmacy 1mg’s Revenue Surges By 158% In FY20 | Online pharmacy 1mg saw its total income increase by 158%, from INR 19 Cr in the fiscal year 2018-19 (FY19) to INR 49 Cr in FY20, ahead of the major year for online pharmacies and telemedicine startups amid the pandemic.
However, during the... |
| - | Gigstart Founders Launches Pluss; On Demand Delivery Startup For Medicine, Healthcare & Wellness Products | Image Via ShutterStock
Along with budding startups, ecosystem biggies are also placing their bets on Hyperlocal Delivery. Recently, Flipkart (f Qck) and Ola (Ola Store) launched their hyperlocal grocery startup.
Now the founders of Gigstart... |
