Ads for content, digital health tools are in the works for 2017: 1mg’s Tandon

Prashant Tandon, Co-founder, 1mgGurgaon-based Bright Lifecare Pvt. Ltd, which owns and operates online drug marketplace 1mg, made two acquisitions last year: In December, it bought Mumbai-based online hospital MediAngels and in July, it diagnostics bookings platform Medd.in. With these acquisitions, 1mg widened its product offerings and expanded into new geographies. 1mg also raised Rs 100 crore ($15 million) […]

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Maverick capital-backed digital health platform 1mg acquires MediAngels

For-1mg-Story-TC_ThinkstockPhotos-521910263Online drug marketplace 1mg has acquired Mumbai-based online hospital MediAngels to strengthen its position in the eHealth space in India, according to a press statement. With this acquisition, 1mg is entering into consultations, corporate health services and insurance partnerships. Gurgaon-based Bright Lifecare Pvt. Ltd, operator of 1mg, was founded in 2012 by Sameer Maheshwari and […]

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Health-tech startup behind Eventus bags funding from SQue Capital, others

SidqamNoida-based digital healthcare company Sidqam Technologies has secured $1.2 million seed funding led by SQue Capital, a Mumbai-based investment firm. Grace Capital Ventures and Soham Vencaps, the family fund of the real estate company Soham Group also participated in the round. The company will use the funds to expand its services beyond the NCR market, […]

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Flipkart, Snapdeal, Shopclues say demonetisation good for e-commerce industry

Event_0Honchos of leading consumer internet companies in India have jointly hailed the demonetization move of the Central government. In an industry forum organised in New Delhi on Wednesday, top executives from companies such as Flipkart, Snapdeal, Shopclues, CCAvenues, 1mg Technolgoies, Ola and Oyo Rooms, welcomed the move saying it will pave the way for digital […]

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Exclusive: Online pharmacy startup Aermed raises angel funding

Aermed, a full-service pharmacy and lab aggregator with a focus on chronic patients, has raised an undisclosed amount of seed funding in a round led by Hitesh Windlass, CEO of Windlas Healthcare. Other investors who participated in the round included angels from a Boston-based private equity firm and a New York-based global investment bank. Aermed […]

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Netmeds in talks to acquire drugs marketplace Pluss

DRUGS_FREEOnline pharmacy Netmeds.com is in advanced stage of discussions to acquire Pluss, a hyperlocal drugs delivery startup, owned by Alpinismo Online Ventures Pvt. Ltd. Company. The combined entity is expected to take on rival 1mg, an online marketplace for medicines. Pluss’ existing investors IDG Ventures India, Singapore’s M&S Partners and US-based Powerhouse Ventures will all […]

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Exclusive: Fin-tech startup InMotion gets funding from 1mg founders, others

Durgesh Nandann, Co-founder, InMotionFin-tech startup InMotion Media Ventures Pvt. Ltd has received an undisclosed amount of funding from online drug marketplace 1mg’s founders Prashant Tandon and Gaurav Agarwal, a top executive at the Noida-based startup told TechCircle. Gaurav Bhogle, product marketing manager at Google Maps; Shrishti Sahu, director at Aqaya, Shantanu Mathur, country head at Knowlarity Cloud Telephony; […]

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Online heath store Healthkart raises $12 mn from Sequoia, others

Healthkart_02Gurgaon-based Bright Lifecare Pvt. Ltd, operator of online health store Healthkart.com, has raised Rs 80 crore (about $12 million) from a bunch of existing investors. Sequoia Capital, Kae Capital and others, participated in the Series E round of funding, the Mint reported citing Healthkart’s filings to the Registrar of Companies. As per VCCEdge, the data […]

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Medicine e-tailer 1mg acquires diagnostics marketplace Medd.in

1mgOnline drug marketplace 1mg has acquired Medd.in, a platform that operates a marketplace to book diagnostic and imaging tests, for an undisclosed amount. “Together with Medd, we see a unique opportunity to amplify our leadership position and enter new geographies as well as the radiology segment,” said Prashant Tandon, CEO at Gurgaon-based 1mg Technologies Pvt […]

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Why getting doctors to adopt technology is crucial for a digital healthcare boom

Nipun-Goyal_Co-founder_Curofy-(1)2With the introduction of the term ‘Health 2.0’ in the early 2000s, India waded into the digital healthcare space. World Wide Web had taken the world by storm and India was no different. Health 2.0 was evidence enough that healthcare would be joining forces with the World Wide Web. But digital health was yet to […]

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