Tata Digital acquires 1MG

Tata Digital Limited, a Tata Sons-owned company, has acquired a controlling stake in digital health company 1MG Technologies Private Limited. Tata Sons said the investment in 1MG is in line with its vision to create a digital ecosystem. This will help in meeting the needs of consumers from different segments. E Pharmacy, E Diagnostics and Teleconsultation are very important for the consumers and 1MG is emerging as a strong player in this space.
Established in the year 2015, 1MG E-Health has grown rapidly in the field and is currently delivering across 20000 pin codes of the country. Along with this, it also has three state-of-the-art diagnostic labs in the country. It is also doing B2B business of pharmaceuticals and other health care products through its subsidiaries.