Plazza, a quick medicine delivery startup, has raised $1.4 million in a funding round led by All In Capital.
The round also saw participation from Better Capital, Abhishek Goyal (Founder of Tracxn), Vivekananda Hallekere, the Singhania family office, and the promoters of JK Tyre.
The funds raised will be used to expand its product range and increase its store footprint in Bengaluru.
Founded in 2024 by Aman Priyadarshi, Plazza provides instant delivery of medicines and other healthcare products within 15-minute to 60-minute windows. The company operates an omnichannel model with a large online inventory (over 10,000 SKUs) and physical stores.
Plazza claims to have served 10,000 customers, and the business is growing 25% weekly of late.
It started with its flagship store in Yemalur and plans to open 20 new outlets in the next 12 months. Plazza also plans to expand its offerings to healthy snacks, mother and baby care, elder care, and dermatology products across its app and stores.
Aman Priyadarshi, Founder, Plazza, said, “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. We are challenging how pharma is retailed. We have 20,000 SKUs which can be directly purchased from our store or delivered.”
