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1Mg

1Mg
2015 FOUNDED
PRIVATE STATUS
101-200 EMPLOYEES
Later Stage VC LATEST DEAL TYPE (In Progress)
$35.3M LATEST DEAL AMOUNT
8 INVESTORS
Description

Provider of a an online healthcare platform intended to provide prescription drugs at an affordable price. The company's platform offers an online pharmacy and suggest users about their medicines, substitutes, side effects and health tips, enables users to order medicines, book health tests and packages from certified labs.

Website
Formerly Known As
HealthKartPlus, MedChakra
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Pharmaceuticals
Other Healthcare Services
Primary Office
  • Level 3, Vasant Square Mall
  • Pocket V, Sector B, Vasant Kunj
  • New Delhi, 110070
  • India
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1Mg Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 09-Jan-2019 $35.3M 000.00 In Progress Generating Revenue
4. Later Stage VC 27-Apr-2018 0000 0000 0000 Completed Generating Revenue
3. Later Stage VC (Series C) 27-Jul-2017 0000 0000 Completed Generating Revenue
2. Early Stage VC (Series B) 20-Apr-2016 $16M $22M Completed Generating Revenue
1. Early Stage VC (Series A) 20-Apr-2015 $6M $6M Completed Generating Revenue
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1Mg Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 01-Sep-2017 000000000000000000 Social/Platform Software 00000000 000000
Angels Health 14-Dec-2016 Merger/Acquisition Social/Platform Software 00000000 000000
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1Mg Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
HBM Healthcare Investments Venture Capital Minority 000 0000 000000 0
HBM Partners Venture Capital Minority 000 0000 000000 0
Maverick Ventures Venture Capital Minority 000 0000 000000 0
Sequoia Capital India Venture Capital Minority 000 0000 000000 0
Deep Kalra Angel (individual) Minority 000 0000 000000 0
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1Mg Executive Team (10)

Name Title Board
Seat
Contact
Info
Prashant Tandon Co-Founder & Chief Executive Officer
Sanjiv Gupta Chief Financial Officer
Tanmay Saksena Chief Operating Officer
Gaurav Agarwal Co-Founder & Chief Technology Officer, Technology
Vikas Chauhan Co-Founder

1 Former Executive

You’re viewing 5 of 10 executives. Get the full list »