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PlatinumRx raised $800,000 in a seed round led by India Quotient to enhance warehousing and distribution network.

Apr 08, 2024over 1 year ago

Amount Raised

$800,000

Round Type

seed

BengaluruMedicalHealth Care

Investors

India Quotient

Description

PlatinumRx, a Bengaluru-based healthcare startup, has raised $800,000 in a seed round from India Quotient, with participation from several prominent angel investors. The startup plans to use the funds to enhance its warehousing and distribution network. It will also expand its presence across India and increase its product offerings.

Company Information

Company

PlatinumRx

Location

Bengaluru, Karnataka, India

About

At PlatinumRx, we are revolutionizing the pharma industry with transparency and affordability. Empowering you with the best medicine choices at unbeatable prices. Breaking barriers in healthcare, we're not just another e-pharmacy; we're a movement towards informed, cost-effective health solutions. Join our journey!

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech