Tata 1mg Overview
- Year Founded
-
2015
- Status
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Acquired/Merged
- Employees
-
4,968
- Latest Deal Type
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Later Stage VC
- Investors
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3
Tata 1mg General Information
Description
Developer of an online drug delivery platform intended to make healthcare accessible, understandable and affordable. The company's platform delivers medicines and health products online along with lab tests booking, online consultations and authentic information from healthcare professionals, thereby enabling customers to meet all their healthcare needs in one platform hassle-free.
Contact Information
Website
www.1mg.com(Operating Subsidiary)
Corporate Office
- Level 3, Vasant Square Mall
- Pocket V, Sector B, Vasant Kunj
- New Delhi, 110070
- India
Corporate Office
- Level 3, Vasant Square Mall
- Pocket V, Sector B, Vasant Kunj
- New Delhi, 110070
- India
Tata 1mg Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC | 01-Dec-2023 | Completed | Generating Revenue | |||
| 11. Corporate | 06-Sep-2022 | Completed | Generating Revenue | |||
| 10. Merger/Acquisition | 10-Jun-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 07-Sep-2020 | Cancelled | Generating Revenue | |||
| 8. Grant | 08-Jul-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 06-Jun-2020 | Completed | Generating Revenue | |||
| 6. Grant | 25-Apr-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 28-Jun-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 27-Apr-2018 | $6.66M | $43.6M | Completed | Generating Revenue | |
| 3. Later Stage VC (Series C) | 27-Jul-2017 | $14.9M | $36.9M | Completed | Generating Revenue |
Tata 1mg Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Preference | 26,734 | $0.143534 | $219.09 | $219.09 | 1x | $219.09 | 7.39% |
Tata 1mg Comparisons
Industry
Financing
Details
Tata 1mg Competitors (7)
One of Tata 1mg’s 7 competitors is PharmEasy, a Venture Capital-Backed company based in Mumbai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PharmEasy | Venture Capital-Backed | Mumbai, India | ||||
| Netmeds.com | Formerly VC-backed | Chennai, India | ||||
| mChemist | Corporate Backed or Acquired | New Delhi, India | ||||
| Wellness Forever Medicare | Venture Capital-Backed | Mumbai, India | ||||
| Meds On Way | Venture Capital-Backed | Pune, India |
Tata 1mg Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Tata 1mg Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Tata 1mg Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACT Grants | Not-For-Profit Venture Capital | |||
| Barclays | Investment Bank | |||
| Bill & Melinda Gates Foundation | Not-For-Profit Venture Capital | Minority | ||
| Corisol Holding | Family Office | Minority | ||
| Deep Kalra | Angel (individual) | Minority |
Tata 1mg Investments & Acquisitions (6)
Tata 1mg’s most recent deal was a Later Stage VC with 5C Network for . The deal was made on 01-Oct-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 5C Network | 01-Oct-2022 | Later Stage VC | Enterprise Systems (Healthcare) | ||
| Dawailelo | 01-Sep-2017 | Merger/Acquisition | Social/Platform Software | ||
| Oyehelp Technologies | 01-Apr-2017 | Merger/Acquisition | Application Software | ||
| Angels Health | 14-Dec-2016 | Merger/Acquisition | Social/Platform Software | ||
| 1mgAyush | 25-Jun-2015 | Merger/Acquisition | Pharmaceuticals |
Tata 1mg FAQs
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When was Tata 1mg founded?
Tata 1mg was founded in 2015.
-
Where is Tata 1mg headquartered?
Tata 1mg is headquartered in New Delhi, India.
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What is the size of Tata 1mg?
Tata 1mg has 4,968 total employees.
-
What industry is Tata 1mg in?
Tata 1mg’s primary industry is Specialty Retail.
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Is Tata 1mg a private or public company?
Tata 1mg is a Private company.
-
What is Tata 1mg’s current revenue?
The current revenue for Tata 1mg is .
-
How much funding has Tata 1mg raised over time?
Tata 1mg has raised $40M.
-
Who are Tata 1mg’s investors?
ACT Grants, Barclays, Bill & Melinda Gates Foundation, Corisol Holding, and Deep Kalra are 5 of 20 investors who have invested in Tata 1mg.
-
Who are Tata 1mg’s competitors?
PharmEasy, Netmeds.com, mChemist, Wellness Forever Medicare, and Meds On Way are some of the 7 competitors of Tata 1mg.
-
When was Tata 1mg acquired?
Tata 1mg was acquired on 01-Dec-2023.
-
Who acquired Tata 1mg?
Tata 1mg was acquired by Tata Group.
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