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Online pharmacy platform Tata 1mg turns unicorn after raising $40 mn

Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India

1mg, e-pharma, online, digital
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1mg has raised $230.8 million across 16 rounds, including this one.

Shivani Shinde Mumbai
Online pharmacy platform Tata 1mg turned a unicorn after raising close to $40 million in a funding round led by Tata Digital, media reports said.

The company was yet to comment on the valuations till the time of going to press. 1mg has raised $230.8 million across 16 rounds, including this one.

Others who participated in the round include existing investors MPOF Mauritius, HBM Healthcare Investments, KWE Beteiligungen, among others.

Tata Digital has infused about Rs 254.63 crore (about $32 million) for 24,711 shares of the company, said the filing on Registrar of Companies.

The total shares allotted in this

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