Tata Group in talks to buy majority stake in 1mg: Reports

The Tata Group is in talks to acquire a majority stake in online pharmacy 1mg, media reports said. Gurugram-based 1mg is also reportedly in talks to raise over ₹739 crore in funding from a private equity group led by Gaja Capital. Earlier in August, Reliance Retail had acquired a majority stake in Netmeds for ₹620 crore.