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Paperplane - About the company

Paperplane is a seed company based in Bengaluru (India), founded in 2021 by Varun Goel. It operates as a Digital telemedicine platform for hospitals. Paperplane has raised $433K in funding from 100X.VC and Cornerstone Ventures, with a current valuation of ₹*****. The company has 357 active competitors, including 26 funded and 7 that have exited. Its top competitors include companies like Teladoc Health, MediBuddy and Zyla.

Company Details

Digital telemedicine platform for hospitals. The company offers a WhatsApp digital clinic that helps to book appointments, follow-up reminders, collect patient data, and digital prescriptions. It also offers a personalized clinic website with WhatsApp & Google Maps integration.
Social
Facebook
Registered Address
4th Floor, Umiya Emporium 97, Hosur Main Road, Suddaguntepalya, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$433K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 31, 2022
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Aug 31, 2026
Similar Companies
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Paperplane's funding and investors

Paperplane has raised a total funding of $433K over 2 rounds. Its first funding round was on Jul 19, 2021. Its latest funding round was a Seed round on Dec 19, 2021 for $*****. 13 investors participated in its latest round. Paperplane has 8 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Paperplane:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 19, 2021
7310433
Seed
6328285
6976703
4738668
4447328
Jul 19, 2021
2597605
Seed
8677403
2797575
9247479
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Paperplane's founders and board of directors

Founder? Claim Profile
The founders of Paperplane is Varun Goel.
Here are the details of Paperplane's key team members:
  • Varun Goel: Co-Founder & Chief Technology Officer of Paperplane. They serve on the board of 1 company.

Paperplane's Board of Directors

Paperplane's board has 5 active members. Varun Goel, Dhruv Upadhyay, Devansh Swarup and Aryan Pandey are part of team and Vatsal Jasmin Bavishi is independent board member.
Here is the list of Paperplane's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 11m
Team
-
Current
5y 2m
Team
-
Current
5y 2m
Team
-
Current
5y 2m
wqcaoms
Team
-
Past
1y 2m
Independent board member
-
Current
4y 5m

Paperplane's employee count trend

Paperplane has 3 employees as of Aug 26. Here is Paperplane's employee count trend over the years:
Employee count trend for Paperplane
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Paperplane's Competitors and alternates

Top competitors of Paperplane include Teladoc Health, MediBuddy and Zyla. Here is the list of Top 10 competitors of Paperplane, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Teladoc Health
Teladoc Health
2002, Purchase (United States), Public
Provider of telehealth and telemedicine services
$104M
70/100
2nd
Logo for MediBuddy
MediBuddy
2013, India, Series B
Provider of chat-based smartphone app for tele-consultation with doctors
$26.2M
67/100
3rd
Logo for Zyla
Zyla
2017, Gurugram (India), Series A
AI-based healthcare management platform offering various solutions
$6.27M
64/100
4th
Logo for Lybrate
Lybrate
2014, Gurugram (India), Acquired
Online multispecialty telemedicine platform
$14.4M
53/100
5th
Logo for Watch Your Health
Watch Your Health
2015, Thane (India), Series A
Provider of a platform delivering health engagement and digital healthcare solutions
$7.39M
51/100
6th
Logo for Second Medic
Second Medic
2019, Mumbai (India), Unfunded
Provider of online doctor consultations, lab tests, pharmacy, and home care
-
-
47/100
7th
Logo for Rocket Health
Rocket Health
2021, Bengaluru (India), Unfunded
Online platform offering teleconsultation and medication delivery services
-
-
47/100
8th
Logo for Numen
Numen
2020, Bengaluru (India), Seed
AI-based telehealth and consultation platform for clinics and patients
$1.86M
46/100
9th
Logo for DocOnline
DocOnline
2016, Bengaluru (India), Seed
Telemedicine platform for remote consultations
$1M
46/100
10th
Logo for MediAngels
MediAngels
2009, Mumbai (India), Acquired
Online telemedicine platform for specialist consultation and second opinion
$2.18M
45/100
91st
Logo for Paperplane
Paperplane
2021, Bengaluru (India), Seed
Digital telemedicine platform for hospitals
$433K
26/100
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Paperplane's Latest cap tables and shareholding

Founders (largest shareholder) own 69.44%, Funds own 26.67% and Angels own 3.87%. The net worth of Paperplane's founders is INR 7.81Cr as of Mar 31, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
69.44%
7.81Cr
1169030
1208184
7893994
8651505
8439182
9133986
4272291
6538378
7731063
2154393
Fund
26.67%
3Cr
2499797
5824627
9270839
8914872
5417029
2605194
1815073
2406459
7915024
7163914
Angel
3.87%
43.8L
831
650
931
686
Total
99.98%
11.3Cr
9534588
2633610
5778876
2606646
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Paperplane's Shareholding

Paperplane's Investments and acquisitions

Paperplane has made no investments or acquisitions yet.

Reports related to Paperplane

Here is the latest report on Paperplane's sector:

FAQs about Paperplane

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