Tata 1mg

TATA 1mg
Company type	Private
Industry	Healthcare; E-commerce; Information technology; Retail;
Founded	2015; 9 years ago
Founder	Prashant Tandon ; Gaurav Agarwal ; Vikas Chauhan
Headquarters	Gurugram, Haryana, India
Area served	India
Key people	Prashant Tandon (CEO) ; Gaurav Agarwal (CTO) ; Vikas Chauhan ; Tanmay Saksena (COO) [citation needed]
Products	Medicine Supply ; Healthcare Products
Services	Online pharmacy; Online doctor; Diagnostic; E-consultation; Lab blood test;
Revenue	₹1,627 crore (US$190 million) (2023)
Net income	₹−1,254 crore (US$−150 million) (2023)
Number of employees	800+ (2021)
Parent	Tata Digital

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]

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]

Also Read

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.

[1] "Tata 1mg FY23 results".

[Owler-2] "1mg". Retrieved 6 July 2021.

[3] "Tata Digital to acquire majority stake in 1MG". The Hindu. 11 June 2021. ISSN 0971-751X. Retrieved 16 August 2021.

[Digital_healthcare_platform_IMG_Technologies_to_raise_$70_million_|_Business_Standard_News-4] Narasimhan, T. E. (1 March 2019). "Digital healthcare platform IMG Technologies to raise $70 million". Business Standard India. Retrieved 16 August 2021.

[5] Sil, Debarghya (4 November 2020). "Online Medical and Healthcare Platform 1mg Appoints Mayank Gupta as CFO". Entrepreneur. Retrieved 16 August 2021.

[6] Narasimhan, T. E. (1 March 2019). "Digital healthcare platform IMG Technologies to raise $70 million". Business Standard India. Retrieved 26 July 2021.

[7] Verma, Shrutika (20 April 2015). "Healthkart gets $6 million for spun-off 1MG". mint. Retrieved 26 July 2021.

[8] "Healthkart Separates & Rebrands HealthkartPlus To 1MG, Gets $6 Mn For The Newly Formed Entity". Inc42 Media. 20 April 2015. Retrieved 16 August 2021.

[9] "E-health Startup 1mg Gets A $15 Million Booster Dose In Funding". Forbes India. Retrieved 16 August 2021.

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