Tatas, PE firm Gaja Capital, IFC look to invest in Indian e-pharmacy 1mg

The Tata group and private equity firm Gaja Capital and World Bank arm International Finance Corp. (IFC) are among those in talks with 1mg to invest a total of at least $100 million in the e-pharmacy firm, two people aware of the discussions said.

IFC is already an existing investor and is considering raising its stake in the company as the e-pharmacy sector is one of the few that has benefited from the covid pandemic, the people said on the condition of anonymity.

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