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Gurgaon based 1mg is an online pharmacy and healthcare platform that offers medicines, lab tests, and doctor consultations.
Basic Information
Launched in 2013 as Healthkartplus, 1mg initially focussed on the alternative medicine space with AYUSH products. Over the years, it rebranded itself as 1mg which is an online pharmacy and healthcare platform that offers medicines, lab tests, and doctor consultations. Today, 1mg provides a wide range of healthcare services. 1mg also provides information on medicines. It facilitates lab tests at home. At present, the platform has about 2,000 tests and 120 verified labs listed and users can consult a doctor across 20 specialties. The company earns from its services like diagnostics, sale of medicines, preventive healthcare, and online consultations, as well as through native ads on its platform.
Legal Name
:
1mg Technologies Private Limited
Headquarters
:
Gurgaon, Haryana, India
Business Model
:
B2C  
Founding Date
:
3rd Feb 2015
No. of Employees
:
501 to 1000
Core Team
:
1.  
Prashant Tandon
Founder & Chief Executive Officer
2.  
Gaurav Agarwal
Co-Founder & Chief Technology Officer
3.  
Vikas Chauhan
Co-Founder
4.  
Tanmay Saksena
Chief Operating Officer

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Funding
Investors
:
1.  
Redwood Global Healthcare Fund
2.  
Maverick Ventures
3.  
HBM Healthcare Investments AG
4.  
Bill & Melinda Gates Foundation

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10
Round 11
Round 12

$6M

Series Name
:
SERIES-A
Date
:
Apr 2015
Investors
:
1.  
Omidyar Network
2.  
Kae Capital
3.  
Sequoia Capital India
4.  
Intel Capital

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