OverviewSuggest Edit

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, as well as read medicine and health content written by qualified doctors and health professionals.

TypePrivate
Founded2015
HQNew Delhi, IN
Website1mg.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Jul 2021)1,079(+23%)
Revenue (FY, 2019)₹541.6 M
Cybersecurity ratingDMore

1mg Office Locations

1mg has an office in New Delhi
New Delhi, IN (HQ)
Vasant Kunj Marg Level 3, Vasant Square Mall, Pocket V, Sector B, Vasant Kunj
Show all (1)

1mg Financials and Metrics

Summary Metrics

Founding Date

2015

1mg total Funding

$172.5 m

1mg latest funding size

$9.9 m

Time since last funding

a year ago

1mg investors

1mg's latest funding round in January 2020 was reported to be $9.9 m. In total, 1mg has raised $172.5 m. 1mg's latest valuation is reported to be $200 m.
View all funding rounds

1mg Revenue

1mg's revenue was reported to be ₹541.6 m in FY, 2019
INR

Revenue (FY, 2019)

541.6m

Market valuation

200.0m
INRFY, 2019

Revenue

541.6m
INRFY, 2019

Revenue/Employee

863.2k
Show all financial metrics

1mg Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

1mg Online and Social Media Presence

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1mg News and Updates

Tata Digital to acquire majority stake in online pharmacy 1mg

Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomerate enters the digital consumer space. The firms didn’t share the financial details of the deal, but …

Healthtech startup 1mg joins hand with Columbia Pacific Communities to ensure better healthcare access for the elderly

Senior residents of Columbia Pacific Communities will get access to 250,000 medicines and health products at 1mg at special prices

Amphastar Announces Approval for Glucagon for Injection Kit, 1mg

RANCHO CUCAMONGA, Calif., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Amphastar Pharmaceuticals, Inc., (NASDAQ: AMPH) announced that the U.S. Food and Drug Administration (“FDA”) has approved its Abbreviated New Drug Application (“ANDA”) for Glucagon for Injection Emergency Kit, 1 mg. Glucagon is indicated …

[Funding alert] Online pharma startup 1mg raises Rs 71 Cr from Bill and Melinda Gates Foundation

1mg co-founder Prashant Tandon declined to comment on the development saying the round has not fully closed

[Funding alert] 1mg raises $70M in Series D funding round led by IFC, Corisol Holdings

Gurugram-based healthtech platform 1mg has raised $70 million in its latest round of funding led by IFC (the investment arm of the World Bank), and Corisol Holdings. The funding will be used to accelerate investments in its growth, supply chain, and healthcare AI.

1mg Frequently Asked Questions

  • When was 1mg founded?

    1mg was founded in 2015.

  • How many employees does 1mg have?

    1mg has 1,079 employees.

  • What is 1mg revenue?

    Latest 1mg annual revenue is ₹541.6 m.

  • What is 1mg revenue per employee?

    Latest 1mg revenue per employee is ₹501.9 k.

  • Who are 1mg competitors?

    Competitors of 1mg include Natural Partners, Practio and Medzy.

  • Where is 1mg headquarters?

    1mg headquarters is located at Vasant Kunj Marg Level 3, Vasant Square Mall, Pocket V, Sector B, Vasant Kunj, New Delhi.

  • Where are 1mg offices?

    1mg has an office in New Delhi.

  • How many offices does 1mg have?

    1mg has 1 office.