The Tata unit has reportedly bought a 55% stake in the Intel Capital-backed digital pharmacy operator, which was valued at $200m as of mid-2019.
Tata Digital, a subsidiary of conglomerate Tata, is set to buy a majority stake in 1mg, an India-based online drugstore backed by chipmaker Intel, for an undisclosed amount, LiveMint reported today. A source privy to the matter told TechCrunch that Tata Digital has purchased a stake sized at approximately 55% in 1mg, whcih has raised…
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