The online pharmacy network and drug data provider HealthKartPlus has decided to take the business forward with a new identity â€˜1mgâ€™ hereafter. With this, the company also confirmed that it has received a fresh funding of US$ 6 million from Deep Kalra, founder of MakeMyTrip and other investors Omidyar Network, Intel Capital, Sequoia Capital and Kae capital.
According to Prashant Tandon, founder 1mg it is a perfect example of how a technology product can address multiple unsolved problems in healthcare space by bringing the power of information in the hands of the consumers.
Shailesh Lakhani, Managing Director, Sequoia Capital said, â€œWe have seen HealthKartPlus now called 1mg, grow rapidly from a powerful concept to a full-fledged business entity that is now ready to scale on its own. There are a lot of interesting trends coming up in the m-health space across the world and we are confident that 1mg is a pioneering & promising product in this space.
Deep Kalra, founder MakeMyTrip says, “1mg has a tremendous potential to be a significant player in the m-health space, one of the largest opportunity areas that is waiting to be tapped aggressively.â€