Tata Digital is all set to acquire a majority stake in e-pharma company 1MG Technologies Private Ltd. Tata Digital’s announcement has come after it had acquired a majority stake in online grocery platform Bigbasket & fitness start-up Curefit.

Tata Digital is a 100% subsidiary of Tata Sons. Tata Digital’s venture into 1MG signifies its ambition of bringing together e-diagnostics, e-pharmacy, telepharmacy, online
grocery, fitness, fashion, & food delivery
into one single digital ecosystem.

   

Tata Digital To Acquire Majority Stake in 1MG

WHAT?

Tata Digital is all set to acquire a majority stake in e-pharma company 1MG Technologies Private Ltd. Tata Digital’s announcement has come after it had acquired a majority stake in online grocery platform Bigbasket & fitness start-up Curefit.

HOW?

Notably, 1MG has three diagnostics labs and it has the capacity to deliver in more than 20,000 pin codes.

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Earlier this week, Tata Digital had signed a deal as part of which it would invest of up to USD 75 million Curefit. As part of the deal between Tata and fitness start-up Curefit, co-founder and CEO of Tata Digital Mukesh Bansal will become President of Curefit.