Tata Digital to acquire a majority stake in e-pharmacy 1MG
This is Tata Digital’s second major investment in an Indian startup this week
It invested $75 million in fitness startup CureFit on Tuesday
Post the funding, 1MG’s valuation is expected to cross $450 million
Tata Digital is expected to own almost 60% of 1MG
Gurugram-based 1MG Technologie
It provides online delivery of medicines, health and wellness products, diagnostics services and teleconsultation
