HealthKartPlus Raises $6 M In Funding; Rebrands Itself As ‘1mg’

1mgThe online pharmacy and drug database, HealthKartPlus has secured $6 million in fresh funding from MakeMyTrip founder Deep Kalra and other investors such as Sequoia Capital, Omidyar Network, Intel Capital & Kae Capital.
Bright Lifecare Pvt Ltd, which operates e-commerce platforms HealthKart and HealthKartPlus declared that the two entities will function separately hereafter with HealthKartPlus rebranded itself as 1mg.

“1mg is a perfect example of how a technology product can address multiple unsolved problems in healthcare space by bringing the power of information in the hands of the consumers,” says Prashant Tandon, Founder, HealthKartPlus.

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  1. Couple of days back Snapdeal was pulled up for selling drugs online as online drugs are not allowed in India. I am wondering how Healthkartplus and few similar ones are doing the business? Anyone here knows what exactly are the legal issues?

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