Quick medicine delivery startup Plazza raises $1.4 Mn led by All In Capital

Plazza, a Quick medicine delivery startup, has raised $1.4 million in a funding round led by All In Capital. The round also witnessed participation from Better Capital, Tracxn founder Abhishek Goyal, Vivekananda Hallekere, the Singhania family office, and the promoters of JK Tyre.

The proceeds will be utilized to expand its product range and increase its store footprint in Bengaluru, Plazza said in a press release.

Plazza aspires to deliver within 15 to 60 minutes, it has taken an omnichannel approach. It started with its flagship store in Yemalur and plans to open 20 new outlets in the next 12 months.

“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’’, said Aman Priyadarshi, founder of Plazza. “We are challenging how pharma is retailed. We have 20,000 SKUs which can be directly purchased from our store or delivered’’.

Plazza plans to expand its offerings to healthy snacks, mother and baby care, elder care, and dermatology products across its app and stores.

Plazza claims to have served 10,000 customers and the business is growing 25% weekly of late. The startup was founded by Priyadarshi and Aniruddha Sen, cofounder of Kenko Health, in November 2024. Kenko shut shop in August last year after running out of funds.

The funding comes at a time when quick commerce platforms are also pushing their 10-minute delivery of over-the-counter medicines and supplements. Instamart has tied up with Pharmeasy for this, Zepto is going on its own, and Amazon has partnered with Orange Health for diagnostics services.

Earlier this month, Bengaluru-based online pharmacy PlatinumRx raised $6 million in a funding round led by Stellaris Venture Partners. In August, e-pharmacy Truemeds, which focuses on recommending and delivering generics/brand substitutes to patients, secured $85 million in a round led by Accel and Peak XV Partners.