1mg Raises $10.32 Million Funding Led By Various Investors

Formerly known as Healthkart Plus, 1mg is India’s leading digital consumer healthcare platform. Other than being an online pharmacy, it also provides hassle-free online consultations, lab test facilities and authentic health and medicine related content.

1mg has raised a total of $93.4 Million in funding over 10 rounds from April 2015. The most recent Series-D funding raised 10.32 Million and was led by South Korean investment firm Redwood Global Healthcare Fund. Other investors in this Gurugram-based online pharmacy include US-based venture capital firm Pinpoint Ventures, New Flight Co, ES Investor Co. Ltd, existing investor Kae Capital and individual investors Rubal Jain and Nikhil Kumar Srivastava.