1MG

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TMT

04 December, 2019

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

28 June, 2019

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

09 May, 2019

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 ......

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TMT

12 April, 2019

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

05 April, 2019

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

25 March, 2019

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

01 March, 2019

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

11 January, 2019

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

09 January, 2019

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

13 December, 2018

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 ......