Digital Health Platform 1mg Raises $15 Mn Series C Funding
E-pharmacy startup 1mg Technologies has raised $15 million funding in Series C from a clutch of investors, led by global healthcare focused fund HBM Healthcare Investments.
This round of investment also saw participation from existing investors- Sequoia Capital, Maverick Capital Ventures, Omidyar Network and Kae Capital.
The funds raised will be used by 1mg to launch predictive healthcare and corporate wellness products.
“1mg was HBM’s first investment in a digital health platform in India and we are very encouraged about the prospects of the company, given the tremendous progress across all dimensions over the past year,” said Andreas Wicki, chief executive officer of Switzerland-based HBM Healthcare.
HBM had first invested in 1mg in May 2016 as a part of a top-up round following ...