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Paperplane - About the company

Paperplane is a seed company based in Bengaluru (India), founded in 2021 by Aryan Pandey, Dhruv Upadhyay and 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 364 active competitors, including 27 funded and 7 that have exited. Its top competitors include companies like Teladoc Health, Zyla and MediBuddy.

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 Sep 30, 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
6600980
Seed
7331664
1207990
3400623
1492768
Jul 19, 2021
8296950
Seed
1745777
7769987
9898396
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Paperplane's founders and board of directors

Founder? Claim Profile
The founders of Paperplane are Aryan Pandey, Dhruv Upadhyay and Varun Goel.
Here are the details of Paperplane's key team members:

Paperplane's Board of Directors

Paperplane's board has 5 active members. Aryan Pandey, Dhruv Upadhyay, Varun Goel and Devansh Swarup 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
5y 3m
Team
-
Current
5y 3m
Team
-
Current
5y 0m
Team
-
Current
5y 3m
zejqoak
Team
-
Past
2y 1m
Independent board member
-
Current
4y 6m

Paperplane's employee count trend

Paperplane has 3 employees as of Sep 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, Zyla and MediBuddy. 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
71/100
2nd
Logo for Zyla
Zyla
2017, Gurugram (India), Series A
AI-based healthcare management platform offering various solutions
$6.27M
68/100
3rd
Logo for MediBuddy
MediBuddy
2013, India, Series B
Provider of chat-based smartphone app for tele-consultation with doctors
$26.2M
67/100
4th
Logo for Amura
Amura
2019, Chennai (India), Seed
Provider of an online health information platform for multiple diseases
$2.8M
54/100
5th
Logo for Lybrate
Lybrate
2014, Gurugram (India), Acquired
Online multispecialty telemedicine platform
$14.4M
53/100
6th
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
52/100
7th
Logo for Second Medic
Second Medic
2019, Mumbai (India), Unfunded
Provider of online doctor consultations, lab tests, pharmacy, and home care
-
-
51/100
8th
Logo for DocOnline
DocOnline
2016, Hyderabad (India), Seed
Telemedicine platform for remote consultations
$1M
49/100
9th
Logo for MediAngels
MediAngels
2009, Mumbai (India), Acquired
Online telemedicine platform for specialist consultation and second opinion
$2.18M
46/100
10th
Logo for Numen
Numen
2020, Bengaluru (India), Seed
AI-based telehealth and consultation platform for clinics and patients
$1.86M
44/100
117th
Logo for Paperplane
Paperplane
2021, Bengaluru (India), Seed
Digital telemedicine platform for hospitals
$433K
25/100
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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. The cap table displayed below is for PAPERPLANE COMMUNICATIONS PRIVATE LIMITED which is the legal entity associated with Paperplane.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
69.44%
7.81Cr
6824586
5272855
3755775
3362772
5737424
5769189
3948687
3937279
4160782
2791522
6125860
1797387
9054230
7970072
3863384
1862058
8957295
3980339
5290483
6392355
1675283
4543695
Fund
26.67%
3Cr
6508089
7167462
9765456
3527913
8847167
4843541
2058839
1944761
6800474
4542325
Angel
3.87%
43.8L
855
348
983
767
Total
99.98%
11.3Cr
7164135
8177575
4574883
2110558
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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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