Startup Atlas · Digital Diagnostics

Tata 1mg Unicorn Acquired

Tata 1mg Technologies Private Limited ● Gurugram, Haryana ● Founded 2015 ● 1mg.com ↗

Tata 1mg is an Indian digital healthcare company headquartered in Gurugram, Haryana, offering integrated e-pharmacy, e-diagnostics, and tele-consultation services through its app/website and a growing network of physical retail pharmacies and diagnostic labs. Originally founded as 1mg in 2015, it became a Tata Group company after Tata Digital acquired a ~55% majority stake in June 2021 and was rebranded Tata…

Prashant Tandon · Co-Founder & CEO Gaurav Agarwal · Co-Founder & CTO Vikas Chauhan · Co-Founder

$390.4 MnTotal funding (tracked)

7Funding rounds

2 Sep 2022Last round

4,722Team size (sourced)

Tata 1mg: Funding Rounds

Date	Round	Amount	Investors	Source
2 Sep 2022	Series D (Unicorn round)	$40.8M	Tata Digital Limited Corisol Holding HBM Healthcare Investments Kae Capital KWE Mauritius Africa Fund Maverick Ventures	source
9 Jun 2021	Majority Stake Investment	$220M+ (primary + secondary)	Tata Digital Limited	source
19 Apr 2021	Debt Financing	$13.4M (₹100 Cr CCDs)	Tata Group	source
14 Dec 2018	Series D	$70M	Redwood Partners Bill & Melinda Gates Foundation Corisol Holding HBM Healthcare Investments IFC Kae Capital Mauritius Africa Fund Maverick Ventures NewFlight Omidyar Network India Peak XV Partners Pinpoint Ventures	source
29 Mar 2018	Series C	$15.2M	Peak XV Partners Apex Group HBM Healthcare Investments Maverick Ventures	source
20 Jul 2017	Series C	$15M	HBM Healthcare Investments Apex Group Kae Capital Mauritius Africa Fund Maverick Ventures Omidyar Network India Peak XV Partners	source
20 Apr 2016	Series B	$16M	Maverick Ventures Apex Group HBM Healthcare Investments Mauritius Africa Fund Omidyar Network India Peak XV Partners (Sequoia Capital India)	source

Acquisitions

Date	Acquirer	Acquired	Amount	Source
9 Jun 2021	tata-digital-limited-tata-group	Tata 1mg	~$220M+ (primary + secondary) at ~$450M valuation, ~55% stake	source
1 Sep 2017	Tata 1mg	dawailelo	undisclosed	source
14 Dec 2016	Tata 1mg	mediangels	undisclosed	source
5 Jul 2016	Tata 1mg	medd-in-holamed-healthcare-technologies	undisclosed	source

Recent Signals

12 Jul 2026 · financial
Tata 1mg turns EBITDA-positive across all core business lines source
12 Jul 2026 · ma-strategic
Tata 1mg partners with Unicommerce for e-commerce/warehouse automation source
12 Jul 2026 · ma-strategic
Tata 1mg makes strategic investment in radiology startup 5C Network source

News on Tata 1mg

No coverage of Tata 1mg linked yet.

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FAQs on Tata 1mg

Who founded Tata 1mg?

Tata 1mg was founded by Prashant Tandon, Gaurav Agarwal, Vikas Chauhan in 2015.

How much funding has Tata 1mg raised?

Tata 1mg has raised $390.4 Mn across 7 tracked funding round(s), most recently on 2022-09-02. Figures are compiled from cited public sources.

Who are the investors in Tata 1mg?

Investors in Tata 1mg include Tata Digital Limited, Corisol Holding, HBM Healthcare Investments, Kae Capital, KWE, Mauritius Africa Fund, Maverick Ventures, Tata Group.

What does Tata 1mg do?

Where is Tata 1mg headquartered?

Tata 1mg is headquartered in Gurugram, Haryana, India.

What is Tata 1mg's business model?

Tata 1mg's core value proposition centers on Accessible, understandable, affordable healthcare, Certified, trusted platform.

How does Tata 1mg make money?

Tata 1mg's cited revenue streams include E-pharmacy (medicine sales), Diagnostics / lab testing, Specialty Pharma, Subscription plans.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: tracxn.com · Last verified 13 Jul 2026. · Report a correction