Digital healthcare platform IMG Technologies to raise $70 million

International Finance Corporation (IFC) will be one of the investors

Digital healthcare platform 1MG Technologies plans to raise around $70 million. One of the investors would be World Bank's investment arm International Finance Corporation (IFC). 

IFC said the proposed equity investment is part of the company's $70 million fund raise. However, it did not disclose how much it is planning to invest in the company.

IMG Technologies is already backed by Maverick Ventures,  Sequoia Capital, Corisol Holdings AG, HBM Investments and Omidyar Network. 

In 2012, a digital health platform called HealthkartPlus was started as a division within BLPL (Bright Lifecare Private Limited). In 2015, it was de-merged and transferred to 1MG Technologies Private