PlatinumRx - About the company
PlatinumRx is a series A company based in Bengaluru (India), founded in 2023 by Ashutosh Pandey and Piyush Kumar. It operates as an Online retailer of pharmaceutical products, supplements, and healthcare related items. PlatinumRx has raised $22.6M in funding from investors like India Quotient, Stellaris Venture Partners and Northpoint Capital, with a current valuation of ₹*****.
Company Details
Online retailer of pharmaceutical products, supplements, and healthcare related items. The business provides access to prescription medicines upon submission of a doctors note. It also offers a range of over the counter drugs, vitamins, health supplements, and personal care products. The company facilitates medicine orders via its website, mobile application, and telephone.
- Website
- www.platinumrx.in/
- Social
- Email ID
- *****@platinumrx.in
- Phone Number
- +91 **********
- Registered Address
- UNIT 101 OXFORD TOWERS, 139 HAL OLD AIRPORT RD, H.A.L II Stage, Bangalore, Bangalore North, Karnataka, India, 560008
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Series A
Total Funding
$22.6M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 24, 2026
Investors
Ranked
1st among 2 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
11 as on Aug 31, 2025
Similar Companies
Legal entities associated with PlatinumRx
PlatinumRx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
AFFORIS HEALTH TECHNOLOGIES PRIVATE LIMITED CIN: U46497KA2023PTC179030 , India, Active | Sep 25, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 18 (As on May 01, 2026) |
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PlatinumRx's funding and investors
PlatinumRx has raised a total funding of $22.6M over 3 rounds. Its first funding round was on Dec 19, 2023. Its latest funding round was a Series A round on Mar 24, 2026 for $*****. 4 investors participated in its latest round. PlatinumRx has 4 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of PlatinumRx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 24, 2026 | 9140302 | Series A | 6562767 | 1376733 | 5933921 | 7946247 |
Dec 21, 2024 | 5505729 | Series A | 3169324 | 9710768 | 5497389 | |
Dec 19, 2023 | 5550986 | Seed | 6798380 | 9887362 |
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PlatinumRx's founders and board of directors
Founder? Claim ProfileThe founders of PlatinumRx are Ashutosh Pandey and Piyush Kumar.
Here are the details of PlatinumRx's key team members:
- Ashutosh Pandey: Co-Founder of PlatinumRx.
- Piyush Kumar: Co-Founder of PlatinumRx.
PlatinumRx's Board of Directors
PlatinumRx's board has 3 active members. Ashutosh Pandey and Piyush Kumar are part of team and Naman Lahoty is independent board member.Here is the list of PlatinumRx's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 1m | |
Team | - | Current | 3y 1m | |
Independent board member | - | Current | 1y 3m |
View details of PlatinumRx's Founder profiles and Board Members
PlatinumRx's employee count trend
PlatinumRx has 11 employees as of Aug 25. The total employee count is 10.0% more than what it was in Aug 24. Here is PlatinumRx's employee count trend over the years:
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PlatinumRx's Competitors and alternates
Top competitors of PlatinumRx include Getmeds. Here is the list of Top 10 competitors of PlatinumRx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PlatinumRx 2023, Bengaluru (India), Series A | Online retailer of pharmaceutical products, supplements, and healthcare related items | $22.6M | 67/100 | |
2nd | Online platform for shopping for medicines | - | - | 16/100 |
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PlatinumRx's Investments and acquisitions
PlatinumRx has made no investments or acquisitions yet.
Reports related to PlatinumRx
Here is the latest report on PlatinumRx's sector:
News related to PlatinumRx
•
PlatinumRx Secures $6 Mn To Expand Dark Stores & OperationsInc42•Sep 03, 2025•PlatinumRx, Stellaris Venture Partners, Adonmo, India Quotient
•
D2C Brand Waterscience Secures ₹1.4 Crores in Investment from Peter Thiel-backed VelocityIndianWeb2•Sep 03, 2025•WaterScience, PlatinumRx, Stellaris Venture Partners, Velocity and 2 others
•
PlatinumRx raises $800K funding led by IndiaQuotientEntrackr•Apr 08, 2024•PlatinumRx, India Quotient
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