Don’t you just hate it when you’re sick, alone, and can barely crawl out of the bed for a trip to the pharmacist, doctor, or diagnostics lab? We do! And each time, We fervently wish someone would knock on our window, tell us what’s wrong with us, and give us the medicine for it.
Something along those lines is what 1mg does. It lets people look up information about medicine, find cheaper substitutes, and order what suits them online. Recently, it announced a series B round of US$15 million, led by Maverick Capital Ventures. Its earlier investors Sequoia Capital and Omidyar Ventures too pumped in some fresh capital. The startup’s founders – Gaurav Agarwal and Prashant Tandon – were classmates at the Indian Institute of Technology {IIT} Delhi. Earlier, they had launched a ‘Wikipedia for medicine’ app to educate consumers on some 2,000 drugs made by around 200,000 brands, and their pricing discrepancies. This prompted them to start 1mg.
Find 1mg on Facebook here.
Check out their website here.
