# PlatinumRx: Pharmaceuticals, Bengaluru, India

> PlatinumRx: PlatinumRx is a licensed online pharmacy and tele-consultation platform based in Bengaluru, India. Based in Bengaluru, India. Founded 2023.

Source: https://millionrounds.com/startup/platinumrx (Millionrounds; every figure on the page links to its filing or article)

India · [Pharmaceuticals startup](https://millionrounds.com/companies)

# PlatinumRx

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

Email

Funding reported Last round: Seed

Pharmaceuticals Bengaluru, India

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Company summary

- **Founded:** 2023 3 years old
- **Team:** 130 51 to 200 people
- **Funding reported:** 66M as listed, currency not stated
- **Last round:** Seed Apr 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for PlatinumRx has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **66M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **6M**

Last round date **Apr 2024**

Investors listed **1**

## Founders and team

From PlatinumRx's own website: 2 founders.

**Ashutosh Pandey** Co-founder

**Piyush Kumar** Co-founder

## On a portfolio page

Investors who name them

- [India Quotient](https://millionrounds.com/fund/indiaquotient)

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 coverage health care medicine safety consumers medicine price savings healthcare transparency online medicine price comparison long expiry medicines online pharmacy in bangalore affordable medicines transparent healthcare information technology & services secure payment substitute medicine for chronic conditions secure online payment digital healthcare

Built with from their website

Google Tag Manager WordPress.org Google Cloud Google Workspace Viewport Meta Google Play Emotion Lucide webpack Google Cloud Hosting

+8 more

Google Meet Microsoft Excel Priority Hints React MySQL Mobile Friendly Azure Blob Storage Google Frontend

- **Sector:** Pharmaceuticals
- **Industry code:** NAICS 446110, SIC 5122, 5912
- **Region:** Karnataka
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/platinumrx)

## Pharmaceuticals in India

Startups like it

- [**Truemeds** Mumbai · founded 2019 *Raised*](https://millionrounds.com/company/truemeds)
- [**Stelis Biopharma** Bengaluru · founded 2013 *Raised*](https://millionrounds.com/company/stelis-biopharma)
- [**Emil Pharmaceutical Industries Pvt. Ltd.** Mumbai · founded 1989](https://millionrounds.com/startup/emil-pharmaceutical-industries-pvt-ltd)
- [**Enaltec Labs Pvt Ltd** Navi Mumbai · founded 2006](https://millionrounds.com/startup/enaltec-labs-pvt-ltd)
- [**OneSource** Bengaluru · founded 2013](https://millionrounds.com/startup/onesource-2)
- [**La Renon Healthcare Pvt.Ltd.** Ahmedabad · founded 2007](https://millionrounds.com/startup/la-renon-healthcare-pvt-ltd)
- [**BDR Pharmaceuticals** Mumbai · founded 2002](https://millionrounds.com/startup/bdr-pharmaceuticals)
- [**MEDdelivery** Jaipur · founded 2018](https://millionrounds.com/startup/meddelivery)

## Is this your company?

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