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Why can’t we shop for necessities such as medicine online, if we shop for clothes, food, and electronics? 1Mg, situated in Gurgaon, India, is an online marketplace of medicines. It offers e-pharmacy, diagnostics, online consultation, and health content, among other things. Prashant Tandon, Gaurav Agarwal, and Vikas Chauhan launched it in April 2015. Medicines are available at a discount if ordered from the website or the mobile app. This makes healthcare a hassle-free experience. Every health-related product and medicine such as allopathic, homeopathic, and vitamin supplements are available. They also provide lab tests, and online doctor consultations that too 24/7 and collaborate with insurance companies to offer easy and affordable care to its customers, provide diagnostics, and a lot more. 1Mg provides a wide range of healthcare services and allows you to do lab tests at home. 1mg currently has over 2000 tests and over 120 verified labs on its platform, and users can consult with specialists n 0ver 20 specialists. The Concept Behind 1mg If people can buy clothes, shoes, food, groceries, and other products online. Why couldn't they buy medicines? People are increasingly turning to the internet for information. The plan was to make all of the drugs available while also dealing with the expense of the medicines. Investors quickly became interested in their concept, and the company raised $6 million to put it into action and improve the technology. In June 2021, Tata Digita...

Tata 1mg Healthcare Solutions (formerly known as 1mg) is a company that operates a consumer health platform. The platform allows users to order medicines and health products online, consult qualified and registered doctors on chat, book lab tests online, and read treatment and health content written by qualified doctors and health professionals. Type Subsidiary Status Active Founded 2015 HQ Gurugram, IN | Website Cybersecurity rating

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by 1mg. An online pharmacy or internet pharmacy, or mail-order pharmacy is a pharmacy that operates over the Internet and sends orders to customers through mail, shipping companies, or online pharmacy web portal. 1mg is a digital consumer healthcare platform, or an online pharmacy center, that makes healthcare accessible, understandable, and affordable. 1mg was launched in April 2015 after HealthkartPlus, and rebranded it as 1mg. It allows users to find information about medicines prescribed by doctors and also buy it online. Users can find medicines by ailments, class, companies, and brands. Lets go through 1mg's Startup Story and get glance on 1mg funding, business model, company profile, turnover, growth, revenue model, founders & more... 1mg - Company Highlights Startup Name 1mg Headquarters Industry Founded 2013 Founders Prashant Tandon, Gaurav Agarwal, Vikas Chauhan CEO Prashant Tandon Area Served India Revenue Rs 369.3 crore (FY20) Total Funding $204.6 Million Website www.1mg.com 1mg - Latest News June 10, 2021 - Tata Digital, a subsidiary of Tata Sons Private Ltd. to acquire a major stake in 1mg to further widen the former's digital offerings. Though the amount is still not disclosed by the source, the total valuation of 1mg presently lies at $400 Million. February 15, 2021 - 1mg had the highest number ...

Are you looking for an on-demand Healthcare franchise with the mission to disrupt the entire medical and pharmaceutical industry? Starting a TATA 1mg franchisewill be the best option and would end your research. In this guide, we’ll dive deep in to Pharmacy and Healthcare industry growth prospects along with the TATA 1mg with capital requirements, fee, profit, and step-by-step guidelinesto get this franchise – and answer some common questions about the this franchise. • Brand: Tata 1MG • Founded: 2015 • Industry: Healthcare platform • HQ: Gurugram • Model: Franchise/Health partner • Space required: NA • Est. Earning: Over Rs. 50000 • ROI: 1 yrs • Total Initial Investment: ₹15000+ GST Understanding the Pharmacy & Healthcare Industry Growth Prospects There is no doubt that the recent pandemic – CoVID 19 – has had a significant impact on human life & that has also made us realize the importance of healthy lifestyles. The rise in medical awareness, aging population, rising income level, and significantly growing health insurance penetration have partly contributed to the sheer expansion of India’s pharmacy and healthcare industry. According to the recent report published by the Pharmaceutical industry Valuation • According to the US 42 billion dollars in 2021 and is likely to reach US 65 billion dollars by 2024 and further expand to surpass US 120-130 billion dollars by 2030, making it a highly lucrative market destination for investors. • India’s medical devices market stood ...