India · Pharmaceuticals startup

PlatinumRx

PlatinumRx is a licensed online pharmacy and tele-consultation platform based in Bengaluru, India.

Funding reportedLast round: Seed

PharmaceuticalsBengaluru, India

About PlatinumRx

PlatinumRx is a licensed online pharmacy and tele-consultation platform based in Bengaluru, India.

Founded in 2023 by Ashutosh Pandey and Piyush Kumar, the company aims to provide affordable, high-quality substitute medicines that match the salt composition of branded options. It operates from pharmacy locations in Bengaluru, New Delhi, and Mumbai, serving customers across all 28 states and 8 union territories in India. The primary service offered by PlatinumRx is a substitution engine that identifies and delivers generic alternatives to prescribed medications, reducing costs by 50-60%. The product portfolio includes chronic medications, vitamins, supplements, and healthcare items from reputable brands. Additionally, PlatinumRx provides free doctor consultations for users needing professional guidance. The platform features a user-friendly website and mobile interface for easy access to medicines, price comparisons, and purchasing options. With a focus on middle-income patients managing chronic diseases, PlatinumRx emphasizes transparency, affordability, and convenience in accessing essential medicines.

What company datasets say PlatinumRx raised

Funding, as reported

Reported in all66Min the source's currency
Rounds1
Last roundSeed
Last round size6M
Last round dateApr 2024
Investors listed1

Founders and team

From PlatinumRx's own website: 2 founders.

Ashutosh PandeyCo-founder
Piyush KumarCo-founder

On a portfolio page

Investors who name them

Each firm lists PlatinumRx on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

wide coveragehealth caremedicine safetyconsumersmedicine price savingshealthcare transparency onlinemedicine price comparisonlong expiry medicinesonline pharmacy in bangaloreaffordable medicinestransparent healthcareinformation technology & servicessecure paymentsubstitute medicine for chronic conditionssecure online paymentdigital healthcare

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Sector
Pharmaceuticals
Industry code
NAICS 446110, SIC 5122, 5912
Region
Karnataka
Full record
Every detail in the company directory

Pharmaceuticals in India

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