Tata 1mg
Tata 1mg, previously 1mg,[3] is a healthcare platform based in Gurugram, India. It provides services, including e-pharmacy, diagnostics, e-consultation and health content. It was founded in April 2015 by Prashant Tandon, Gaurav Agarwal and Vikas Chauhan.[4][5]
Type | Private |
---|---|
Industry | |
Founded | 2015 |
Founder | Prashant Tandon Gaurav Agarwal Vikas Chauhan |
Headquarters | , India |
Area served | India |
Key people | Prashant Tandon (CEO) Gaurav Agarwal (CTO) Vikas Chauhan Tanmay Saksena (COO) |
Products | Medicine Supply Healthcare Products |
Services | |
Revenue | ₹1,627 crore (US$200 million) (2023) [1] |
₹−1,254 crore (US$−160 million) (2023) | |
Number of employees | 800+ (2021)[2] |
Parent | Tata Digital |
History
In 2012, BLPL (Bright Lifecare Private Limited) started a digital health platform called HealthkartPlus.[6] In 2015, Healthkart Plus separated from BLPL to form 1MG Technologies Private Limited.[7] Healthkart continued as a platform for fitness and health products, 1mg was a generic drug search business.[8] The Gurugram-based digital health startup maintains an online medicine database with information on side effects; generic substitutes, and provides home delivery services for pharmacy, FMCG and lab tests. In June 2021, Tata Digital Ltd, acquired 55% stake in 1mg to form Tata 1mg.[9]
References
- "Tata 1mg FY23 results".
- "1mg". Retrieved 6 July 2021.
- "Tata Digital to acquire majority stake in 1MG". The Hindu. 11 June 2021. ISSN 0971-751X. Retrieved 16 August 2021.
- Narasimhan, T. E. (1 March 2019). "Digital healthcare platform IMG Technologies to raise $70 million". Business Standard India. Retrieved 16 August 2021.
- Sil, Debarghya (4 November 2020). "Online Medical and Healthcare Platform 1mg Appoints Mayank Gupta as CFO". Entrepreneur. Retrieved 16 August 2021.
- Narasimhan, T. E. (1 March 2019). "Digital healthcare platform IMG Technologies to raise $70 million". Business Standard India. Retrieved 26 July 2021.
- Verma, Shrutika (20 April 2015). "Healthkart gets $6 million for spun-off 1MG". mint. Retrieved 26 July 2021.
- "Healthkart Separates & Rebrands HealthkartPlus To 1MG, Gets $6 Mn For The Newly Formed Entity". Inc42 Media. 20 April 2015. Retrieved 16 August 2021.
- "E-health Startup 1mg Gets A $15 Million Booster Dose In Funding". Forbes India. Retrieved 16 August 2021.