Paperplane - About the company
Paperplane is a seed company based in Bengaluru (India), founded in 2021 by Dhruv Upadhyay, Varun Goel, Devansh Swarup and Aryan Pandey. 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 335 active competitors, including 23 funded and 7 that have exited. Its top competitors include companies like Mosaic Wellness, Teladoc Health and DocsApp.
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.
- Website
- paperplanetech.co
- Social
- Registered Address
- 4th Floor, Umiya Emporium 97, Hosur Main Road, Suddaguntepalya, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095
Legal entities associated with Paperplane
Paperplane is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PAPERPLANE COMMUNICATIONS PRIVATE LIMITED CIN: U72900KA2021PTC191081 , India, Active | Jul 02, 2021 | $17.4K (As on Mar 31, 2025) | 68 (As on Mar 31, 2023) |
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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 7 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 | 9889742 | Seed | 2492670 | 4366632 | 8432546 | 1672112 |
Jul 19, 2021 | 6523294 | Seed | 6632944 | 3728637 | 3227982 |
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Paperplane's founders and board of directors
Founder? Claim ProfileThe founders of Paperplane are Dhruv Upadhyay, Varun Goel, Devansh Swarup and Aryan Pandey. Devansh Swarup is the CEO of Paperplane.
Here are the details of Paperplane's key team members:
- Dhruv Upadhyay: Founder & COO of Paperplane. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Varun Goel: Co-Founder & Chief Technology Officer of Paperplane. They serve on the board of 1 company.
- Devansh Swarup: Founder and CEO of Paperplane. They serve on the board of 1 company.
- Aryan Pandey: Founder and Chief Product Officer of Paperplane. They serve on the board of 1 company.
Paperplane's Board of Directors
Paperplane's board has 5 active members. Dhruv Upadhyay, Varun Goel, 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 7m | |
Team | - | Current | 4y 4m | |
Team | - | Current | 4y 7m | |
Team | - | Current | 4y 7m | |
hdjaong | Team | - | Past | 6y 1m |
Independent board member | - | Current | 3y 10m |
View details of Paperplane's Founder profiles and Board Members
Paperplane's employee count trend
Paperplane has 68 employees as of Mar 23. The total employee count is 8.0% more than what it was in Mar 22. Here is Paperplane's employee count trend over the years:
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Paperplane's Competitors and alternates
Top competitors of Paperplane include Mosaic Wellness, Teladoc Health and DocsApp. Here is the list of Top 10 competitors of Paperplane, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Mosaic Wellness 2019, Mumbai (India), Series B | Provider of digital health coaching platforms for men, women, and parents | $68.2M | 76/100 | |
2nd |  Teladoc Health 2002, Purchase (United States), Public | Provider of telehealth and telemedicine services | $104M | 68/100 | |
3rd | Provider of chat-based smartphone app for tele-consultation with doctors | $26.2M | 67/100 | ||
4th | AI-based healthcare management platform offering various solutions | $6.27M | 63/100 | ||
5th | Online multispecialty telemedicine platform | $14.4M | 54/100 | ||
6th | Provider of an online health information platform for multiple diseases | $2.8M | 53/100 | ||
7th | Watch Your Health 2015, Thane (India), Series A | Provider of a platform delivering health engagement and digital healthcare solutions | $7.39M | 51/100 | |
8th | AI-based telehealth and consultation platform for clinics and patients | $1.86M | 49/100 | ||
9th | Telemedicine platform for remote consultations | $1M | 49/100 | ||
10th |  Rocket Health 2021, Bengaluru (India), Unfunded | Online platform offering teleconsultation and medication delivery services | - | - | 46/100 |
15th |  Paperplane 2021, Bengaluru (India), Seed | Digital telemedicine platform for hospitals | $433K | 34/100 |
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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 | 2430524 | 2703604 | 2298432 | 4024468 |
5905677 | 6363172 | 3514592 | 4191928 | 9463357 | 8665819 | |
5870134 | 5943723 | 2594509 | 8808251 | 9923674 | 2808810 | |
7777410 | 4973978 | 8852567 | 1678156 | 7493874 | 8632221 | |
2032698 | 6456976 | 8108272 | 3446404 | 3002676 | 3273086 | |
Fund | 26.67% | 3Cr | 7350762 | 2814924 | 8585858 | 6123050 |
1685929 | 5868498 | 1640416 | 3820068 | 8725027 | 4266927 | |
Angel | 3.87% | 43.8L | 752 | 500 | 470 | 363 |
Total | 99.98% | 11.3Cr | 3632779 | 9310952 | 5093671 | 7543686 |
To unlock detailed Cap Table of Paperplane Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Paperplane's Shareholding
Paperplane's Investments and acquisitions
Paperplane has made no investments or acquisitions yet.
Reports related to Paperplane
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