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Digital health platform 1mg raises $15 mn

The company runs a mobile app, '1mg', with a little over 9 mn downloads

Prashant Tandon, co-founder and chief executive at 1mg
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Prashant Tandon, co-founder and chief executive at 1mg

Ranju Sarkar New Delhi
1mg Technologies Pvt Ltd, claiming to be the country's largest digital health platform, said it had raised $15 million (nearly Rs 100 crore). The round was led by HBM Healthcare Investments, with participation from other existing investors Maverick, Sequoia India, Omidyar and Kae Capital. 

The company runs a mobile app, ‘1mg’, which has had a little over nine million downloads, it has claimed.

HBM made its first investment in 1mg in May 2016, as part of a top-up round, following a Series-B financing that was led by Maverick Capital Ventures. HBM is among global leaders in health care-focused investing, with around $1.5