1MG
Funding roundup: Curefit tops the chart as deal value breaches $350 mn again
Startup funding activity in the last week of June was almost a mirror image of the week before, with a couple of high-value deals ....
Swiss family office Corisol leads $70 mn funding round in e-pharmacy 1mg
Gurugram-based e-pharmacy 1mg Technologies Pvt. Ltd has raised $70 million (Rs 482.7 crore at current exchange rates) in a funding ....
Belgium’s Sofina invests $25 mn in omnichannel wellness store HealthKart
Gurugram-based omnichannel health products store HealthKart has raised $25 million (Rs 175 crore at current exchange rates) in ....
BEENEXT leads $1 mn round in GramFactory; Netmeds may raise $100 mn: Reports
GramFactory, which enables small retailers to bulk-purchase FMCG products, raised $1 million (Rs 7 crore at current exchange rate) ....
Health-tech startup Medlife aims to double revenue run rate in FY20
Health-technology startup Medlife International Pvt. Ltd said on Monday that it had recorded a revenue run rate of Rs 1,000 crore ....
Online healthcare startup Medlife gets $17 mn in fresh funding
Health-technology startup Medlife International Pvt. Ltd has received funding of $17 million (Rs 118 crore at the current exchange ....
Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore) ....
Online pharmacy NetMeds snaps up health-tech startup KiViHealth
Online pharmacy NetMeds Marketplace Pvt. Ltd said on Monday it has acquired health-tech startup KiViHealth in a cash-and-stock ....
E-pharmacy 1mg to raise capital from IFC as part of $70 mn round
The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed ....
From diagnostics to video consultation, Netmeds is gearing up for a growth spurt
Netmeds is well known to most Indian cricket fans. After all, large logos of the online pharmacy company were emblazoned on cricket ....
Why India’s e-pharmacies are still awaiting a policy prescription
The dozen-odd startups that constitute India’s nascent e-pharmacy sector currently operate in a regulatory grey area and ....
Exclusive: Online pharmacy 1mg raising fresh capital at $200 mn valuation
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, is raising $35.31 million (Rs 248.63 crore) ....
Relief for e-pharmacies as Madras HC stays order banning online sale of medicines
E-pharmacies have received a boost as the Madras High Court has stayed an order banning the sale of medicines online, according ....
Madras High Court enforces blanket ban on online sale of medicines
In another setback for e-pharmacies, the Madras High Court on Monday enforced a blanket ban on the sale of online medicines till ....
Delhi High Court orders pan-India ban on online sale of medicines
The Delhi High Court on Wednesday issued a ruling prohibiting e-pharmacies from selling medicines online without a valid licence ....
1mg sees eight-fold hike in revenue as losses widen for FY18
Gurugram-based 1mg Technologies Pvt. Ltd, which runs online drug marketplace 1mg, has seen its revenue from operations surge over ....
Online drug delivery platform PharmEasy tops up Series C funding round
Mumbai-based 91 Streets Media Pvt. Ltd, which operates online drug delivery platform PharmEasy, has raised $50 million (Rs 363 ....
Exclusive: VC-backed pharmacy app Myra gets a new dose of funding
Bengaluru-based Metarain Software Solutions Pvt. Ltd, which runs pharmacy app Myra, has raised Rs 8.75 crore ($1.2 million) in ....
With one eye on policy, e-pharmacies seek cure for bleeding and vitamins for growth
From a cash burn rate that is among the highest in the tech startup space to issues around distribution, scaling and profitability, ....
E-pharmacies welcome govt’s draft rules but grey areas abound
Online pharmacies and experts across the board have largely welcomed the government’s draft regulations for the sector, which ....
Ads for content, digital health tools are in the works for 2017: 1mg's Tandon
Gurgaon-based Bright Lifecare Pvt. Ltd, which owns and operates online drug marketplace 1mg, made two acquisitions last year: ....