 "rupee")
1mg, an integrated healthcare platform, has closed a $70 million fundraise with participation from World Bank investment arm IFC. The financing round was led by Corisol Holdings, a European family office and largest shareholder in Zur Rose/ Doc Morris which is Europe’s largest e-pharmacy. This round of funding puts the company's valuation at around $200 million, according to market sources.
A consortium of venture capital funds from South Korea, led by Redwood Global – Korea Omega Healthcare fund, existing investors Sequoia Capital, Maverick Ventures, HBM Healthcare investments, Omidyar Network & Kae Capital also participated in the round.
Prashant Tandon, CEO
