1MG
TMT
Investor dollars at risk as regulatory uncertainty hounds e-pharmacies
Ever since the Maharashtra drug regulator filed a police case against online retailer Snapdeal in 2015 for selling prescription drugs, ......
Investor Bulletin
Podcast: Warburg, Nalanda & True North record exits; Brookfield's renewables play
There were some high-profile exit deals in the world of private equity this week, with Warburg Pincus recording stellar returns ......
TMT
Sequoia-backed HealthKart gets fresh funding from new investor Sofina
Bright Lifecare Pvt. Ltd, which runs omnichannel health products store HealthKart, has raised fresh capital from a new investor, as ......
TMT
In Charts: How much cash did India's top-funded startups burn in FY18?
India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......
TMT
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) in fresh ......
TMT
VC-backed NetMeds acquires 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 transaction. The acquisition ......
TMT
IFC plans to invest in online pharmacy 1mg's $70-mn round
The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed sum in ......
TMT
Ola, 1mg and Eruditus lead VC funding this week
Cab-hailing firm Ola topped the venture capital dealmaking chart during the week, followed by online pharmacy 1mg and ed-tech startup ......
TMT
Exclusive: Swiss investor to lead $35-mn round in online pharmacy 1mg
Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, is raising $35.31 million (Rs 248.63 crore) in a ......
TMT
Delhi High Court ban on e-pharmacies puts $300 mn of VC money at risk
The Delhi High Court on Wednesday issued a ruling prohibiting e-pharmacies from selling medicines online without a valid licence across ......