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.
