Acquiring Company
Tata Digital Limited
Acquired Company
Tata 1mg
Description
In June 2021, Tata Digital Limited announced its acquisition of a majority stake in 1MG Technologies Private Limited. This strategic move aims to enhance Tata's digital health offerings in the rapidly growing online pharmacy and diagnostics market. The transaction is valued at over $40 million, marking a significant consolidation in the sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Tata 1mg?
Tata 1mg was acquired by Tata Digital Limited, based in Mumbai. The deal was reported on August 31, 2026. Tata Digital Limited is a subsidiary of Tata Sons, focused on the digital transformation of the Tata group's various businesses. The company aims to enhance online shopping and service experiences. Tata Digital Limited is privately held and operates in E Commerce.
When did Tata Digital Limited acquire Tata 1mg?
Tata Digital Limited's acquisition of Tata 1mg was reported on August 31, 2026. In June 2021, Tata Digital Limited announced its acquisition of a majority stake in 1MG Technologies Private Limited. This strategic move aims to enhance Tata's digital health offerings in the rapidly growing online pharmacy and diagnostics market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tata 1mg do?
Tata 1mg, India’s leading healthcare platform, is on a mission to provide a seamless healthcare experience by bringing care to health. We are trusted by millions of Indians for making healthcare accessible, understandable, and affordable. It is privately held, operating in Biotechnology, and is based in Gurugram.
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