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Tata 1mg

696

Healthcare platform for medicine and diagnostics

HealthTech & Telemedicine
E-Pharmacy
Acquired

Founded

2015

Team Size

2500

Funding

Bootstrapped

Valuation

₹1,200 Cr

About

1mg (Tata 1mg) is a healthcare platform offering online medicine ordering, diagnostic tests, and doctor consultations.

Unique Selling Proposition

Core Differentiator

Integrated healthcare ecosystem combining e-pharmacy, diagnostics, and telemedicine with strong content and information layer for patient education

Target Market

Middle-class urban and semi-urban Indians seeking convenient, reliable healthcare services and medicine delivery

Key Innovation

Content-driven discovery model that educates users about medicines and health conditions while facilitating transactions

Competitive Moats
Brand
Strong

Strong brand recognition as trusted healthcare information and service provider, reinforced by Tata acquisition

🌐Network Effects
Medium

Three-sided marketplace connecting patients, doctors, and diagnostic centers with increasing value as each side grows

🧠Data/AI Moat
Medium

Accumulated health data and user behavior patterns enabling personalized recommendations and inventory optimization

⚖️Regulatory
Medium

Pharmacy licenses across states and compliance infrastructure create operational barriers for new entrants

Funding Snapshot
Free preview

₹500 Cr

Total Raised

1

Round

Acquisition

Latest · 2021-06-10

Backed by

Tata Digital

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Full Funding History

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Funding History

Acquisition

2021-06-10

₹500 Cr

Investors

Tata Digital
Details

Location

Gurugram, Haryana

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Financial Metrics

Annual Revenue

₹1,800 Cr

Growth Rate

55%

Funding Rounds

1

VedAI Score
696/1000
Developing