Indian online medical store 1mg Technologies Pvt. Ltd. is nearing to score 248.63 crore rupees ($35.3 million) in a new funding round.
The round will be led Corisol Holding AG, which made the investment via its wholly-owned subsidiary KWE Beteiligungen AG.
Existing backers such as Swiss healthcare-focused investment firm HBM Healthcare, Omidyar Network and Sequoia Capital India will also join the round.
1mg, which books $3 million in revenue annually, has closed $83.1 million in total funding to date.