Key Market Movements

1Mg, a platform offering an online pharmacy and health application that tells users about their medicines, their substitutes, and side effects, raised an undisclosed amount of venture funding on April 27, 2018, valuing the company at $75 million. Previously, the company raised $15 million of Series C venture funding in a deal led by HBM Healthcare Investments on July 27, 2017. In addition to keeping patients knowledgeable about their medication, the platform also provides regular health tips, online medication orders, and booking services for health tests and packages at local certified labs.

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