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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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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1mg hires former Zomato exec Tanmay Saksena as COO

Tanmay-SaksenaGurgaon-based online marketplace for medicines 1mg has appointed former Zomato executive Tanmay Saksena as chief operating officer, it said in a statement. In February this year, Saksena quit as global business head of Zomato. During his one-year stint at Zomato, Saksena set up the online food ordering business for Zomato in India, Dubai, Abu Dhabi […]

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Online marketplace for drugs 1mg acquires homeobuy.com for alternate medicines play

Gurgaon-based Bright Lifecare Pvt Ltd, which owns and operates online drug marketplace 1mg.com, has acquired homeopathy medicines platform homeobuy.com for an undisclosed amount, the company said in a statement. With this deal, 1mg.com (formerly HealthKartPlus) enters the alternate Ayurveda-based and homeopathic medicines category. Subsequently, homeobuy has been rebranded as www.1mgAyush.com. “We are the platform that stands for […]

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Online marketplace for medicines HealthKartPlus rebrands as 1MG, raises $6M

Gurgaon-based Bright Lifecare Pvt Ltd has rebranded its online medicine store HealthKartPlus to 1MG and spun it off into a separate company 1MG Technologies Pvt. Ltd. The new firm has separately raised $6 million (Rs 32 crore) from existing investors Sequoia Capital, Kae Capital, Intel Capital, Omidyar Network and MakeMyTrip founder Deep Kalra, as per […]

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