1mg Technologies aquires Medd
1mg Technologies Pvt. Ltd, a online healthcare start-up has acquired Medd (HolaMed Healthcare Technologies Pvt. Ltd) diagnostic labs aggregator for a undisclosed amount to boost its diagnostic foot print.
Earlier Medd had received a 150K USD Funding in October 2015. You can read complete article here
“Medd is a splendid solution to a serious pain point. I congratulate the folks at 1mg for picking up this great asset. Both are stronger as a result of this acquisition.” – Ajeet Khurana, investor in Medd
bout 1MG: It has over 6 million app downloads and 80 million monthly annual visits on its platform. It has recently raised over Rs.100 crore in Series B funding led by Maverick Capital Ventures, with participation from existing investors Sequoia India and Omidyar Network. It also raised an additional funding from HBM Healthcare Investments AG, a global fund catering exclusively to the healthcare sector.
Visit Company Website: Medd