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Online pharmacy 1mg to raise $100 mn led by Gaja Capital: Report
short by Rishabh Bhatnagar / on Monday, 7 September, 2020
Online pharmacy 1mg is reportedly in talks with investment firms to raise $100 million. Private equity firm Gaja Capital might lead the round through its $400 million Fund IV. Participation from Tata Capital, existing investors Sequoia Capital and World Bank investment arm IFC is expected, as per reports. Gurugram-based 1mg was founded by Prashant Tandon, Gaurav Agarwal, and Vikas Chauhan.
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