1MG Raises $70 Mn Series D Round Led by Corisol Holdings

Date posted: Friday 28 June 2019

Healthtech startup 1MG has closed its $70 Mn Series D round led by Corisol Holdings, along with the World Bank’s investment vertical IFC. The company said it would use the funds to expand the reach of its diagnostic labs to 100 cities in India, and make epharmacy services available in Tier 3 cities as well as villages. Further, it said it will invest in building its data science team for new products such as a digital doctor and AI-powered health bots.

(Inc42)