PlatinumRx raised $800,000 in a seed round led by India Quotient to enhance warehousing and distribution network.
Apr 08, 2024•over 1 year ago
Amount Raised
$800,000
Round Type
seed
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.
Funding Insights
Based on industry dataVC-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