1mg is an online pharmacy network platform and generic medicine engine.
1mg is a digital consumer healthcare platform that makes healthcare accessible, understandable, and affordable. It allows users to find information about medicines prescribed by doctors and also buy it. Users can find drugs by ailments, class, companies, and brands. Its doctor platform aims to transform how to find the right healthcare professional for a consumers' needs. Its diagnostics service brings transparency and price-effectiveness to lab tests.The company empowers Indian consumers and caregivers to select the appropriate healthcare service at the best possible price. 1mg was launched in 2015 and its operations are headquartered in Gurgaon, Haryana, India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 6, 2022 | Funding Round | $40M | 2 | — | — | Detail |
Jul 3, 2020 | Debt Financing | $17.80M | 2 | — | — | Detail |
Jun 28, 2019 | Series D | $70M | 1 | — | — | Detail |
Apr 5, 2019 | Series Unknown | $10.32M | 1 | Redwood Global Healthcare Fund | — | Detail |
Jan 1, 2019 | Series Unknown | — | 1 | InnoVen Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Redwood Global Healthcare Fund | Yes | Series Unknown |
InnoVen Capital | Yes | Series Unknown |
MAF Mauritius | — | Funding Round |
MPOF Mauritius | — | Funding Round |
Sequoia Capital | — | Series D |