Tata Digital, a 100 per cent subsidiary of Tata Sons, on Thursday said it would acquire a majority stake in digital health start-up 1MG, continuing its series of investments in the online commerce ecosystem.
The investment in 1MG is in line with the Tata group’s vision of creating a digital ecosystem that addresses the consumer needs across categories in a unified manner, the company said in a statement.
“The investment strengthens Tata’s ability to provide superior customer experience and high-quality healthcare products and services in the e-pharmacy and e-diagnostics space through a technology-led platform,” said Pratik Pal, chief executive officer of Tata