Tata 1mg - About the company
Tata 1mg is an acquired company based in Delhi (India), founded in 2015 by Gaurav Agarwal, Prashant Tandon and Vikas Chauhan. It operates as a Provider of an online pharmacy with doctor listing and teleconsultation services. Tata 1mg has raised $231M in funding from investors like HBM Healthcare Investments, IFC and Gates, with last known valuation of $1.25B. The company has 956 active competitors, including 91 funded and 21 that have exited. Its top competitors include companies like Carbon Health, CureBay and Apollo 24|7.
Sectors and market segments that Tata 1mg operate in
Tata 1mg serves in the HealthTech market segments.The primary business model of Tata 1mg is:Company Details
Provider of an online pharmacy with doctor listing and teleconsultation services. It offers pharmacy store where the user to view medicines, compare prices, and purchase online. It allow users to upload prescriptions for placing the order. It provides an online doctor consultation and lab test platform that allows users to search for doctors and book appointments. The platform sells fitness supplements, healthcare products, healthcare devices, and alternate medicines.
- Website
- www.1mg.com/
- Social
- Email ID
- *****@1mg.com
- Registered Address
- 2nd Floor, Plot No. B-225, Okhla Industrial Area, Phase-I, Okhla Industrial Area Phase-i, South Delhi, New Delhi, Delhi, India, 110020
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Acquired
Total Funding
$231M in 10 rounds
Latest Funding Round
Last Known Valuation
$1.25B as on Sep 06, 2022
Investors
Ranked
1st among 956 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
5,212 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Tatadigital (May 14, 2021)
Legal entities associated with Tata 1mg
Tata 1mg is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TATA 1MG TECHNOLOGIES PRIVATE LIMITED CIN: U74140DL2015PTC279229 , India, Active | Apr 20, 2015 | ₹1,000+ Cr (As on Mar 31, 2025) | 2110 (As on May 31, 2026) | |
Tata 1mg Healthcare Solutions Private Limited CIN: U46901DL2016PTC302634 , India, Active | Jul 06, 2016 | ₹1,000+ Cr (As on Mar 31, 2025) | 3102 (As on May 31, 2026) |
Tata 1mg's acquisition details
Tata 1mg got acquired by Tatadigital on May 14, 2021 at an acquisition amount of $*****.
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Tata 1mg's funding and investors
Tata 1mg has raised a total funding of $231M over 10 rounds. Its first funding round was on Apr 20, 2016. Its latest funding round was a Series D round on Sep 02, 2022 for $40.8M. 11 investors participated in its latest round. Tata 1mg has 27 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Tata 1mg:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 02, 2022 | $40.8M | Series D | - | - | ||
Apr 19, 2021 | $13.4M | Conventional Debt | - | - | - | |
Apr 10, 2021 | $515K | Series D | $229M | 5.0x |
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Tata 1mg's founders and board of directors
Founder? Claim ProfileThe founders of Tata 1mg are Gaurav Agarwal, Prashant Tandon and Vikas Chauhan. Prashant Tandon is the CEO of Tata 1mg.
Here are the details of Tata 1mg's key team members:
- Gaurav Agarwal: Co-Founder & CTO of Tata 1mg and founder of 2 other companies, Maxzone Clothing and 1mg Labs. They are also an angel investor in 35 startups and serve on the boards of 3 companies.Contact Info: 3 email addresses and 2 phone numbers
- Prashant Tandon: Co-Founder & CEO of Tata 1mg and founder of 9 other companies, including Olime, Bright LifeCare and HealthViva. They are also an angel investor in 11 startups and serve on the boards of 2 companies.Contact Info: 2 email addresses and 1 phone number
- Vikas Chauhan: Former Co-Founder of Tata 1mg and founder of 1 other company. They serve on the boards of 3 companies.Contact Info: 1 phone number
Tata 1mg's Board of Directors
Tata 1mg's board has 9 active members. Prashant Tandon, Gaurav Agarwal, Ankur Verma, Menon Hari and Vanessa Cynthia Frey are part of team and David Byrd Singer, Hari Menon, Suma Venkatesh and Sivanandan Sajith are independent board members.Here is the list of Tata 1mg's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 4m | |
Team | - | Current | 10y 3m | |
Investor | Corisol Holding | Current | 7y 8m | |
Investor | Omidyar Network India | Past | 0y 0m | |
Investor | - | Past | 5y 3m | |
Investor | - | Past | 5y 3m | |
Investor | HBM Healthcare Investments | Past | 0y 1m | |
Independent board member | - | Current | 2y 2m | |
Independent board member | - | Current | 5y 3m | |
Independent board member | - | Current | 0y 11m | |
Independent board member | - | Current | 0y 11m | |
Independent board member | - | Past | 1y 1m | |
Independent board member | - | Past | 1y 7m |
View details of Tata 1mg's Founder profiles and Board Members
Tata 1mg's employee count trend
Tata 1mg has 5,212 employees as of May 26. The total employee count is 10.0% more than what it was in May 25. Here is Tata 1mg's employee count trend over the years:
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Tata 1mg's Competitors and alternates
Top competitors of Tata 1mg include Carbon Health, CureBay and Apollo 24|7. Here is the list of Top 10 competitors of Tata 1mg, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online pharmacy with doctor listing and teleconsultation services | $231M | 86/100 | ||
2nd |  Carbon Health 2015, Seattle (United States), Series D | Provider of a wide range of healthcare services | $614M | 76/100 | |
3rd | Online platform offering multiple healthcare services | $35.4M | 74/100 | ||
4th |  Apollo 24|7 2020, Hyderabad (India), Late Stage | Provider of an online pharmacy with doctor consultation & appointment booking | $297M | 71/100 | |
5th | NHS Choices 1948, London (United Kingdom), Public | Provider of multiple healthcare services for patients | - | 71/100 | |
6th |  API Holdings 2012, Navi Mumbai (India), Series F | Operator of an integrated digital healthcare platform providing end-to-end technology and fulfillment solutions for the healthcare ecosystem | $1.19B | 67/100 | |
7th | Online platform for booking doctor appointments and consulting healthcare professionals | $231M | 66/100 | ||
8th | Provider of an online platform for teleconsultation, medication & doctor appointment booking | - | - | 65/100 | |
9th | Provider of an online teleconsultation platform for multiple health disorders | $258M | 62/100 | ||
10th | Provider of digital health management and telehealth software | $45.2M | 60/100 |
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Tata 1mg's Investments and acquisitions
Tata 1mg has made 4 investments in companies including 5C Network and 5C Network. Tata 1mg has also acquired 6 companies including Dawailelo and Droplet.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 01, 2022 | Investments | 2017 | Bengaluru (India) | |
Jan 19, 2022 | Investments | 2017 | Bengaluru (India) | |
Aug 31, 2017 | Acquisition | 2013 | Varanasi (India) |
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Reports related to Tata 1mg
Here is the latest report on Tata 1mg's sector:
News related to Tata 1mg
Filter this listMedia has covered Tata 1mg for a total of 13 events in the last 1 year, 5 of them have been about company updates and 4 about partnerships.
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Vedanta Lanjigarh Inaugurates Unique 24x7 Telemedicine FacilityIndiaMedToday•May 08, 2026•Vedanta, Tata 1mg
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PharmEasy Partners with Samsung Health to launch ‘Find Care’ featureIndiaMedToday•Feb 21, 2026•PharmEasy, Samsung, Tata 1mg
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Tata 1mg Announces Major Expansion With Nearly 500 Offline Stores NationwideDigitalhealthnews•Jan 09, 2026•Tata 1mg
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Tata 1mg–OneBanc Forge New Pathway to Cut India’s ₹30,000 Cr Corporate Health BurdenElets Technomedia•Dec 03, 2025•Tata 1mg, OneBanc
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Tata 1mg Partners with ClickPost Automates medicine delivery with AI-powered logisticsIndiaMedToday•Nov 20, 2025•ClickPost, Tata 1mg
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