1MG
Gurgaon based 1mg is an online pharmacy and healthcare platform that offers medicines, lab tests, and doctor consultations.
. HealthTech / MedTech / Healthcare

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. See more

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

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Funding

Investors

:

1.

Redwood Global Healthcare Fund

2.

Maverick Ventures

3.

HBM Healthcare Investments AG

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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

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