1mg Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,270

Employees

  • Latest Deal Type
  • Corporate

  • Latest Deal Amount
  • $40M

  • Investors
  • 5

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
Formerly Known As
HealthKartPlus, MedChakra
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Specialty Retail
Other Industries
Pharmaceuticals
Internet Retail
Parent Company
Tata Group
Primary Office
  • Level 3, Vasant Square Mall
  • Pocket V, Sector B, Vasant Kunj
  • New Delhi, 110070
  • India
+91 0124 000 0000

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1mg Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Corporate 06-Sep-2022 $40M 0000 Completed Generating Revenue
10. Merger/Acquisition 10-Jun-2021 00000 Completed Generating Revenue
9. Later Stage VC 07-Sep-2020 00000 Cancelled Generating Revenue
8. Grant 08-Jul-2020 00000 00000 Completed Generating Revenue
7. Later Stage VC 06-Jun-2020 000.00 00000 Completed Generating Revenue
6. Grant 25-Apr-2020 000.00 00000 Completed Generating Revenue
5. Later Stage VC (Series D) 28-Jun-2019 000.00 00000 00000 Completed Generating Revenue
4. Later Stage VC 27-Apr-2018 00.000 000.00 000.00 Completed Generating Revenue
3. Later Stage VC (Series C) 27-Jul-2017 $14.9M $36.9M 000.00 Completed Generating Revenue
2. Early Stage VC (Series B) 20-Apr-2016 $16M $22M Completed Generating Revenue
To view 1mg’s complete valuation and funding history, request access »

1mg Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference 00,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Preference 00,000 00.000000 0000 0000 00 0000 00.000
Preference 26,734 $0.143534 $219.09 $219.09 1x $219.09 7.39%
To view 1mg’s complete cap table history, request access »

1mg Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online drug delivery platform intended to make healthcare accessible, understandable, and affordable. Th
Specialty Retail
New Delhi, India
1,270 As of 2021
0000
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000000

sectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore m
000000000 000000
Mumbai, India
0000 As of 0000
00.00
0000000000 0 00.00

000000

olor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pari
000000000 000000
Pune, India
00 As of 0000
00.000
0.000 0000-00-00
0000000000 0 00.000
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1mg Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PharmEasy Venture Capital-Backed Mumbai, India 0000 00.00 0000000000 0 00.00
00000000000 Venture Capital-Backed Pune, India 00 00.000 0000000000 0 00.000
0000000.000 Formerly VC-backed Chennai, India 000 000.00 000000&0 000.00
00000000 Corporate Backed or Acquired New Delhi, India 0 000000&0
0000000 Accelerator/Incubator Backed Bangalore, India 00 00000 000000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

1mg Executive Team (12)

Name Title Board Seat Contact Info
Tanmay Saksena Chief Operating Officer
Gaurav Agarwal Co-Founder & Chief Technology Officer
Ina Bajwa Chief Human Resources Officer
Prashant Tandon Founder & Entrepreneur
Nikhil Doegar Vice President Business Intelligence & Analytics
You’re viewing 5 of 12 executive team members. Get the full list »

1mg Board Members (6)

Name Representing Role Since
Matthew Kinsella Maverick Ventures Board Member 000 0000
You’re viewing 1 of 6 board members. Get the full list »

1mg Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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1mg Former Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
ACT Grants Not-For-Profit Venture Capital 000 0000 000000 0
Barclays Investment Bank 000 0000 000000 0
Bill & Melinda Gates Foundation Not-For-Profit Venture Capital Minority 000 0000 000000 0
Corisol Holding Family Office Minority 000 0000 000000 0
Deep Kalra Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 17 investors. Get the full list »

1mg Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
5C Network 01-Oct-2022 00000 0000 00.00 Other Healthcare Technology Systems 00000000
Dawailelo 01-Sep-2017 0000000000 Social/Platform Software 00000000
Angels Health 14-Dec-2016 0000000000 Social/Platform Software 00000000
1mgAyush 25-Jun-2015 0000000000 Pharmaceuticals 00000000
Droplet (Other Healthcare Services) Merger/Acquisition Other Healthcare Services
To view 1mg’s complete investments and acquisitions history, request access »

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1mg Subsidiaries (1)

Company Name Industry Location Founded
Droplet (Other Healthcare Services) Other Healthcare Services Gurgaon, India 0000
To view 1mg’s complete subsidiaries history, request access »