1mg Technologies Pvt Ltd, claiming to be the country's largest digital health platform, said it had raised $15 million (nearly Rs 100 crore). The round was led by HBM Healthcare Investments, with participation from other existing investors Maverick, Sequoia India, Omidyar and Kae Capital.
The company runs a mobile app, ‘1mg’, which has had a little over nine million downloads, it has claimed.
HBM made its first investment in 1mg in May 2016, as part of a top-up round, following a Series-B financing that was led by Maverick Capital Ventures. HBM is among global leaders in health care-focused investing, with around $1.5