Mitul Shah & Associates

Tata 1mg, Tata Digital’s online pharmacy, plans to secure $200 million through new funding. Novo Holdings and CPPIB show interest. Valuation disagreements exist, potentially leading to Tata Sons investing $75 million. The company needs $125 million. Revenue is up, losses are down. Tata 1mg expands offline, aiming for 3,000 stores by FY30. They deliver to 20,000 pin codes.

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