India: Online pharmacy 1mg enters unicorn club after $40m fundraise led by Tata Digital

India: Online pharmacy 1mg enters unicorn club after $40m fundraise led by Tata Digital

Photo: Unsplash

Online pharmacy chain 1mg has entered the unicorn club after raising $40 million in fresh funding from Tata Digital, a 100% subsidiary of Tata Sons Private Limited, and other investors.

Unicorn is a moniker used to describe privately held companies valued at $1 billion and more.

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