Barclays and Unreasonable,select 1mg Technologies to receive $100,000


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
▴ barclays-unreasonable-selects-top-innovations
Unreasonable Impact is an innovative multi-year multi-geographic partnership between Barclays and Unreasonable Group to support entrepreneurs

1mg Technologies has been awarded a $100,000 grant in recognition of the exceptional work being undertaken in addressing the immediate and long term challenges resulting from the effects of the global pandemic.

Unreasonable Impact COVID-19 Response is a new initiative launched by Barclays and Unreasonable Group awarding $100,000 grants each to ten Unreasonable ventures that have pivoted their businesses to combat challenges related to COVID-19. The grant is designed to support and amplify the impact of the work 1mg Technologies is doing.

The initiative was launched as a direct response to the outbreak of COVID-19 and is an extension of Unreasonable Impact, the unique multi-year partnership between the two companies supporting growth-stage entrepreneurs across the Americas, Europe and Asia Pacific regions solving many of the world's most pressing issues.

1mg was chosen by a selection committee for the meaningful work they are doing in India of ensuring access to healthcare essential services at home such as the delivery of medicines at home for millions of families in India, COVID-19 testing, etc. 1mg is helping families stay at home and stay safe. Prashant Tandon, 1mg's Co-founder & CEO said, "We are extremely happy to receive this global recognition and grant. Our frontliners are working non-stop amidst the pandemic to ensure millions of families have access to healthcare services at their doorsteps. Our courageous fleet of frontliners continues to serve our nation selflessly and this recognition further strengthens our belief in the advantages of digital-led healthcare models."

1mg's Co-founder & CEO will join the nine other recipients at a live virtual event, The Unreasonable Impact COVID-19 Response Global Summit, created with Barclays on July 8th where he will have a chance to share his team's exceptional work with a global audience.

Joe McGrath, Barclays' Global Head of Banking, commented, "Through Unreasonable Impact, we set out to help entrepreneurs take their businesses to the next level. They are already tackling almost impossible-sounding challenges, so when COVID-19 took hold we weren't surprised that they would point their talent and drive towards responding to the pandemic. We're in awe of the speed that they've pivoted their businesses and of the positive impact that they've already made, so we're delighted to be able to support them through the Unreasonable Impact COVID-19 Response."

Daniel Epstein, Founder and CEO of Unreasonable Group, added, "Unreasonable Impact was co-created with Barclays with a shared intention to support and scale up entrepreneurial solutions to the world's most pressing challenges. The global impact of COVID-19 is unlike any challenge any of us has seen in our lifetimes. Setting up the COVID-Response to support and amplify ventures leveraging business to combat challenges related to the pandemic is a natural extension of our mission. We are humbled to be supporting the exceptional workof1mg Technologies."

Full list of ventures selected:

1MG Technologies: India's leading mobile healthcare platform with over 9 million downloads and 33 million monthly visits

80 Acres Farms: Converting urban spaces in ultra-efficient indoor farms that produce accessible, tasty and affordable local food year-round

Airlabs: Transforming polluted cities into clean air zones by removing 95% nitrogen dioxide along with all other pollutants from the air

Day Owl: Turning trash from the poorest neighborhoods in the world into purpose-filled recycled fabrics

Ecoware: Creating 100% biodegradable eco-friendly and compostable certified food packaging and garbage bags

eFishery: Creating the future of aquaculture with an IoT smart feeding technology to help hundreds of millions of farmers at the bottom of the pyramid

Globechain: Creating the world's largest reuse marketplace that connects corporates to charities and people to redistribute unwanted items

Nanobiosym: Using nanotechnology to empower people worldwide with rapid affordable and portable diagnostic information about their own health

Olio: connecting neighbors and local shops so surplus food and other household items can be shared rather than thrown away

Zero Mass: Making drinking water an ultimate resource with SOURCE, a set of panels that make water from the air

Tags : #BarclaysBank #UnreasonableImpact #NewInitiative #TopInnovations #1mgTechnologies

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

Made in India Medical Devices: What Is Changing in 2026?August 28, 2026
The Future of Indian Hospitals: What Healthcare Leaders Are Preparing ForAugust 28, 2026
Kumaran Hospitals Kilpauk Performs 20-Hour Marathon Surgery to Remove Rare, Complex Mesenteric Tumour in 29-Year-OldAugust 27, 2026
India is producing more health research. The bigger question is: how much of it is reaching patients?August 27, 2026
A Raksha Bandhan Gift Beyond Measure: Brother Donates a Part His Liver to Save Sister’s Five-Month-Old DaughterAugust 27, 2026
Second Opinion Gives Eight-Year-Old Boy A Chance To Keep His Leg & His ChildhoodAugust 27, 2026
Hospital Business Models Are Changing: What Comes Next for Indian Healthcare?August 27, 2026
Hospital Business Models Are Changing: What Comes Next for Indian Healthcare?August 27, 2026
Diagnostics in Inflammatory Myopathies: Electromyography (EMG), Muscle Biopsy, and Antibody ProfilingAugust 27, 2026
Ransomware in Healthcare: What Happens When a Hospital's Systems Go Offline?August 27, 2026
Why Indian Hospitals Are Becoming Prime Targets for CyberattacksAugust 27, 2026
Dragged by Tractor, 21-Year-Old Woman Survives Rare Life-Threatening Trauma at Sarvodaya Hospital, FaridabadAugust 26, 2026
Apollo Teynampet expands footprint into multi-speciality healthcareAugust 26, 2026
A Sister’s Gift of Life: Kidney Donation Ahead of Raksha BandhanAugust 26, 2026
Vahan.ai Advances Multilingual AI Recruitment with NVIDIA NemotronAugust 25, 2026
Vahan.ai Advances Multilingual AI Recruitment with NVIDIA NemotronAugust 25, 2026
Beyond Basic Baby Care: Addressing the Monsoon Surge in Infant Skin Concerns with Salve’s Littloo RangeAugust 25, 2026
100+ Bengaluru Clinics Use QR678® as Indian Hair Regeneration Platform Adds New Patent and Expands GloballyAugust 25, 2026
Healthcare Innovation in India: Real Stories That Are Reshaping the Future of MedicineAugust 25, 2026
Generative AI in Indian Hospitals: Where It Is Actually Making a Difference in 2026August 25, 2026