Pluss - About the company
Pluss is an acqui-hired company based in Gurugram (India), founded in 2013 by Atit Rajesh Jain, Madhulika . and Tarun Lawadia. It operates as a Hyperlocal pharmacy marketplace app. Pluss has raised $1.33M in funding from investors like Powerhouse Ventures, TA Ventures and IDG Ventures, with last known valuation of ₹*****. The company has 3064 active competitors, including 133 funded and 100 that have exited. Its top competitors include companies like NimbleRx, Alto and Blink Health.
Company Details
Pluss (rebranded from Delovery) is a mobile-based platform that enables users to order for OTC medicines through a prescription, personal care and pet care products and get them home delivered. The order is picked up by the company from a trusted pharmacy. Has four main product categories – baby care, pet care, personal wellness and daily essentials. Currently operating in Delhi Gurgaon, Noida and Hyderabad. Partnered with Patanjali Ayurved to sell its products on the platform in Jan 2016. Founding team also founded Gigstart, which raised $255k in funding. The investors have been carried forward to the new venture Pluss, which include Snapdeal’s co-founders Rohit Bansal & Kunal Bahl, Indian Dream Capital and Rajesh Sawhney of GSF, Narendra Singh Rawat, TA Venture Holding Limited, Roshan Abbas, and Anand Chandrasekaran. BITS Pilani, IIT Bombay alum.
- Website
- www.plussapp.com
- Social
- Registered Address
- 7-E-2, BASEMENT, EAST PATEL NAGAR, West Delhi, NEW DELHI, Delhi, India, 110008
Key Metrics
Founded Year
2013
Location
Gurugram, India
Stage
Acqui-Hired
Total Funding
$1.33M in 4 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Oct 01, 2016
Investors
Ranked
163rd among 3064 active competitors
Employee Count
7 as on Aug 31, 2026
Legal entities associated with Pluss
Pluss is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALPINISMO ONLINE VENTURES PRIVATE LIMITED CIN: U52590DL2013PTC262513 , India, Active | Dec 20, 2013 | 0 - ₹10 Cr (As on Mar 31, 2016) | - |
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Pluss's funding and investors
Pluss has raised a total funding of $1.33M over 4 rounds. Its first funding round was on Sep 01, 2014. Its latest funding round was a Angel round on Oct 01, 2016 for $*****. 11 investors participated in its latest round. Pluss has 11 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of Pluss:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2016 | 9537788 | Angel | 3667992 | 2493606 | 2241833 | 5525840 |
Nov 06, 2015 | 3724683 | Seed | 9708074 | 7824197 | 8560875 | |
Dec 03, 2014 | 1780336 | Seed | 3414584 | 3608281 |
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Pluss' founders and board of directors
Founder? Claim ProfileHere are the details of Pluss' key team members:
- Atit Rajesh Jain: Founder of Pluss and founder of 3 other companies, &Done, Gigstart and Gigstart. They are also an angel investor in 1 startup and serve on the boards of 3 companies.Contact Info: 1 phone number
- Madhulika .: Co-Founder of Pluss and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Tarun Lawadia: Co-Founder & COO of Pluss. Contact Info: 1 phone number
Pluss' Board of Directors
Pluss's board has 2 active members. Atit Rajesh Jain and Madhulika . are part of team.Here is the list of Pluss' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 8m | |
Team | - | Current | 12y 8m |
View details of Pluss's Founder profiles and Board Members
Pluss' employee count trend
Pluss has 7 employees as of Aug 26. Here is Pluss's employee count trend over the years:
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Pluss's Competitors and alternates
Top competitors of Pluss include NimbleRx, Alto and Blink Health. Here is the list of Top 10 competitors of Pluss, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NimbleRx 2015, Palo Alto (United States), Acquired | Provider of digital pharmacy management software and prescription delivery services | $74.7M | 75/100 | |
2nd | _1584015723684.png?devicePixelRatio=2&height=30&width=30){kind=logo} Alto 2015, San Francisco (United States), Acquired | Online pharmacy offering prescription delivery services | $592M | 75/100 | |
3rd |  Blink Health 2015, New York City (United States), Series B | Online pharmacy offering discounted prescription drugs | $165M | 75/100 | |
4th | Online pharmacy providing pharmacy products and healthcare services | $88.3M | 74/100 | ||
5th | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
6th | Pharmacy2U 1999, Leeds (United Kingdom), Series C | Online pharmacy and teleconsultation platform | $313M | 74/100 | |
7th |  Arogga 2020, Dhaka (Bangladesh), Seed | Provider of an online pharmacy for healthcare products | $5.7M | 71/100 | |
8th | Online medical store offering pharmaceutical products and diagnostic services | $688M | 70/100 | ||
9th |  Thirty Madison 2017, New York City (United States), Acquired | Healthcare platform offers various brands and personalized treatments | $210M | 67/100 | |
10th | Provider of an online pharmacy for medications | - | 66/100 | ||
163rd | Hyperlocal pharmacy marketplace app | $1.33M | 37/100 |
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Pluss's Latest cap tables and shareholding
Founders (largest shareholder) own 43.57%, Funds own 25.33%, Angels own 16.23% and Other People own 6.17%. The net worth of Pluss's founders is INR 5.2Cr as of Oct 01, 2016.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 43.57% | 5.2Cr | 2728756 | 8949465 | 5759265 | 3310094 |
1139633 | 3612278 | 2461609 | 4926415 | 9754481 | 9223488 | |
7565711 | 7099675 | 9214281 | 7901780 | 8882111 | 9623887 | |
Fund | 25.33% | 3.02Cr | 6761039 | 8929833 | 5859111 | 3399425 |
641940 | 321281 | 946590 | 308682 | 231657 | 707576 | |
1 | 1 | 1 | 3 | 3 | 3 | |
Angel | 16.23% | 1.94Cr | 3016249 | 5793378 | 7931720 | 8911883 |
384 | 664 | 342 | 715 | 757 | 921 | |
499 | 339 | 736 | 684 | 904 | 555 | |
Other People | 6.17% | 73.7L | 108019 | 791302 | 860763 | 868220 |
ESOP Pool | 8.71% | 1.04Cr | 2076215 | 5266934 | 4842956 | 9467712 |
Total | 100.00% | 11.9Cr | 2740607 | 6404638 | 4211077 | 8375731 |
To unlock detailed Cap Table of Pluss 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 Pluss's Shareholding
Pluss's Investments and acquisitions
Pluss has made no investments or acquisitions yet.
Reports related to Pluss
Here is the latest report on Pluss's sector:
News related to Pluss
•
Sequoia, Leo Capital invest in MakeMyTrip co-founder’s new ventureVCCircle•Mar 26, 2019•MakeMyTrip, Pluss, Netmeds
•
Healthcare portal Netmeds adds Pluss to expand its reach in Indiae27•Nov 25, 2016•Pluss, Netmeds, IDG Ventures India, M&S Capital Partners and 5 others
•
•
On-demand medicine platform Pluss snaps up $1 M round led by IDG Ventures IndiaYourStory•Nov 27, 2015•Pluss
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