Tata 1mg plans more offline forays as it looks to raise $300 million
Tata 1mg is entering a new growth phase with plans to expand offline and raise $300 million in external funding. Backed by Tata Digital, the e-pharmacy’s revenue has tripled since 2021. It’s now pursuing an omnichannel strategy amid rising competition and regulatory challenges in quick medicine delivery.
Tata 1mg is entering a new growth phase with plans to expand offline and raise $300 million in external funding. Backed by Tata Digital, the e-pharmacy’s revenue has tripled since 2021. It’s now pursuing an omnichannel strategy amid rising competition and regulatory challenges in quick medicine delivery.
What's Your Reaction?
