HomeIndiaPlazza Secures $1.4M Funding Led by All In Capital

Plazza Secures $1.4M Funding Led by All In Capital

Plazza Secures $1.4M Funding Led by All In Capital

Quick medicine delivery platform Plazza has raised $1.4 million in a funding round led by All In Capital.

Other investors in this round include Better Capital, Abhishek Goyal (founder of Tracxn), Vivekananda Hallekere (founder of e-scooter company Bounce), the Singhania family office, and the promoters of JK Tyre.

Plazza plans to use the funding to introduce new products and expand its presence in Bengaluru. The company currently has one store and aims to open two more stores this year.

“A typical pharmacy has 4,000-5,000 SKUs (stock keeping units), which is very small and doesn’t have all the medicines that customers need. We are challenging how pharma is retailed. We have 20,000 SKUs which can be directly purchased from our store or delivered, ” said Aman Priyadarshi, founder and CEO of Plazza.

“So far, we have served 10,000 customers and the business is growing 25% weekly of late”, Priyadarshi said.

Plazza, started in 2024 by Aman Priyadarshi and Aniruddha Sen, is a health app in Bangalore that delivers medicines within minutes.

Plazza promises to deliver medicines within 15 to 60 minutes and operates using an omnichannel model.

It started with its main store in Yemalur and plans to open 20 more outlets in the next year.

Plazza plans to expand its app and stores by adding healthy snacks, products for mothers and babies, elder care items, and dermatology products.

Read more- VinFast Raises $100M Green Loan from MUFG to Fuel Global Growth

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