wordpress blog stats
Connect with us

Hi, what are you looking for?

1mg appoints former Zomato Global Business Head Tanmay Saksena as COO

Close to the heels of its $16 million fund-raising, digital Healthcare startup 1mg has appointed Tanmay Saksena as COO. Saksena was previously with Zomato as its Global Business Head, looking at food ordering across India, Dubai, Abu Dhabi and Manila. 1mg provides online pharmacy and diagnostics services, and Saksena joins 1mg at a time when it is looking to expand operations in India, from around 12 cities at present, to around 30 cities by the end of next year. The online pharmacy business is also facing significant challenges from offline pharmacies, who have complained to Drugs Controller against online pharmacies, and it might also be a completely different experience to expand from cities with several pharmacies (Delhi has around 50,000, 1mg founder Prashant Tandon told MediaNama), with much fewer. According to Tandon, "each pharmacy cannot hold more than 4-5k medicines and drugs. It's very common to go to 2-3 pharmacies to get everything on your prescription. If you see the market too, the pharmacies are next to each other," and their business involves providing a one stop solution online. 1mg claims over 5 million app downloads and 25 million monthly page views coming from 2 million unique consumers. It has investment from Sequoia India and Omidiyar Network. Prior to joining Zomato, Saksena was in Silicon Valley for almost a decade, including with technology startup Playdom which was acquired by Disney. At Disney, he was VP of Studio Operations at the Disney Interactive Media Group. In the past, he has also worked…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

Free Reads

News

Experts debate the efficacy of ex-ante regulation in India's fast-evolving digital market. Is preemptive control the answer?

News

Lacking plans about the use and regulation of artificial intelligence, use of drones, health stack, cybersecurity and Smart Cities, the manifesto does not have...

News

WhatsApp’s new policy lowers the age limit to 13, facing fierce criticism from child protection groups in Europe.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ