Online pharmacist 1mg has completed a series D round that reportedly valued the Intel-backed company at $200m.
1mg Technologies, an India-based online pharmacy backed by semiconductor producer Intel, has closed a $70m series D round led by family office Corisol, Times of India has reported.
Redwood Global-Korea Omega Healthcare, Sequoia Capital, Maverick Ventures, HBM Healthcare investments, Omidyar Network, International Finance Corporation and Kae Capital also took part in the round, which valued 1mg at $200m according to a person aware of the matter.
Spun off by online health supplement retailer Bright Lifecare in 2015, 1mg operates an…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
