
In a country where access to affordable healthcare remains a critical challenge, Prashant Tandon, the co-founder of 1mg, has emerged as a pioneering force. Through a seamless integration of technology and healthcare services, Tandon has empowered millions of Indians to access medicines, diagnostics, and medical consultations at the click of a button. His platform, 1mg, is not only one of India’s most trusted digital health solutions but also a shining example of how visionary entrepreneurship can deliver impactful change.
From IIT Delhi to Stanford: A Foundation of Excellence
Prashant Tandon’s journey began at IIT Delhi, where he developed a strong grounding in engineering and analytical problem-solving. Recognizing the growing intersection of healthcare and business, he pursued an MBA from Stanford University, arming himself with global perspectives on innovation and entrepreneurship.
Before launching 1mg, Tandon worked in consulting and healthcare strategy, gaining firsthand insights into the systemic gaps in India’s healthcare delivery system. These experiences laid the groundwork for his entrepreneurial leap into digital health.
Founding 1mg: Reimagining Indian Healthcare
In 2015, Prashant Tandon, along with co-founders Gaurav Agarwal and Vikas Chauhan, launched 1mg with a simple yet powerful mission: make healthcare more accessible, transparent, and affordable for every Indian. Initially conceived as a platform for online medicine delivery, 1mg evolved quickly into a comprehensive digital healthcare platform, offering services such as:
- Telemedicine: Online doctor consultations for general and specialized care.
- At-home diagnostics: Lab test bookings with home sample collection.
- Medicine delivery: Fulfillment of prescriptions with branded and generic alternatives.
- Health education: Verified content to increase health literacy.
By empowering users with price comparisons for branded and generic medicines, 1mg stood out in a crowded market where lack of transparency and quality were key concerns.
Growth Trajectory and Market Impact
Within a few years, 1mg expanded rapidly, becoming a trusted platform across urban and semi-urban India. Some of its key milestones include:
- Building a network of partnered pharmacies and diagnostic labs to serve customers pan-India.
- Onboarding licensed doctors for real-time teleconsultations.
- Developing an intuitive mobile-first interface, making healthcare services accessible for users with minimal digital literacy.
Its popularity surged during the COVID-19 pandemic, when digital consultations and medicine delivery became critical for millions. 1mg’s ability to scale swiftly during a national health emergency showcased its robust operations and mission-driven leadership.
Tata Digital Acquisition: A Strategic Leap
In 2021, Tata Digital acquired a majority stake in 1mg, recognizing its potential to become the centerpiece of the Tata Group’s health-tech ambitions. This move brought in institutional support, deeper market integration, and long-term capital to fuel innovation.
As a result, 1mg has:
- Expanded its diagnostic services to Tier-2 and Tier-3 cities.
- Integrated Tata’s supply chain infrastructure to improve last-mile delivery.
- Invested in AI and machine learning to provide personalized healthcare recommendations.
This partnership further elevated Prashant Tandon’s position as a thought leader in India’s health-tech space, placing him at the forefront of a sector poised for exponential growth.
Transforming Healthcare Access in India
Prashant Tandon’s work with 1mg has had a significant impact across the healthcare value chain:
- Affordability: By offering generic alternatives, 1mg helps customers save 30–70% on medicine costs.
- Accessibility: Rural and remote users now have access to quality healthcare without traveling long distances.
- Awareness: The platform educates users with medically reviewed information, reducing misinformation.
- Digitization: Encouraging the adoption of telehealth and digital health records for better continuity of care.
Tandon has become a champion of inclusive digital health, ensuring that no individual is denied care due to geography, cost, or knowledge gaps.
Looking Ahead: AI, Personalization, and Scalable Health Services
Under Tandon’s leadership, 1mg is now exploring:
- Predictive diagnostics powered by AI to pre-empt chronic conditions.
- Personalized medicine delivery, tailoring treatments based on user history and behavior.
- Integration with wearable health tech for proactive wellness tracking.
- B2B health services for corporates and employee wellness programs.
As India’s National Digital Health Mission (NDHM) gains momentum, 1mg is poised to become a key digital health partner in shaping a tech-enabled universal healthcare framework.