About Paperplane
Paperplane is a company based in Bengaluru (India) founded in 2021 by Dhruv Upadhyay, Aryan Pandey, Devansh Swarup, and Varun Goel. It operates as a SaaS (Software-as-a-Service). Paperplane has raised $433.45 thousand across 2 funding rounds from investors including LetsVenture, Dholakia Ventures and Cornerstone Venture Partners Fund. The company has 1 employees as of April 01, 2024. Paperplane offers products and services including WhatsApp Clinic. Paperplane operates in a competitive market with competitors including Visit Health, Mosaic Wellness, MyHealthcare, Bajaj Finserv Health and DocsApp, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 01 Apr, 2024
- Founders Dhruv Upadhyay, Aryan Pandey, Devansh Swarup, Varun Goel
- Stage Minicorn
-
Sectors
Healthcare
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Paperplane Communications Private Limited
- Date of Incorporation 02 Jul, 2021
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$24.33 K (USD)3125.45as on Mar 31, 2023
-
Net Profit
-$94.51 K (USD)-107.94as on Mar 31, 2023
-
EBITDA
-$50.68 K (USD)-14.51as on Mar 31, 2023
-
Total Equity Funding
$433.45 K (USD)
in 2 rounds
-
Latest Funding Round
$400 K (USD), Seed
Dec 19, 2021
-
Investors
LetsVenture
& 12 more
-
Employee Count
1
as on Apr 01, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Paperplane
Paperplane offers a comprehensive portfolio of products and services, including WhatsApp Clinic.
A digital clinic is built on WhatsApp platform.
Funding Insights of Paperplane
Paperplane has successfully raised a total of $433.45K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Paperplane
Paperplane has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Dholakia Ventures and Cornerstone Venture Partners Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund investing in B2B technologies and enterprise solutions in India.
|
Locked | Locked | Locked | |
|
Micro venture capital fund focusing on health tech sector
|
Locked | Locked | Locked | |
|
Investing in pre-seed to Series A startups across various sectors in India.
|
Locked | Locked | Locked |
Investor details for Paperplane
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Paperplane
Investment portfolio details for Paperplane
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Paperplane
Detailed financials for Paperplane
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Paperplane Comparisons
Peer comparison for Paperplane
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Paperplane
Paperplane operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Visit Health, Mosaic Wellness, MyHealthcare, Bajaj Finserv Health and DocsApp, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Operator of a platform providing wellness and outpatient healthcare benefit solutions
|
|
| Locked | Locked | Locked |
Provider of digital health coaching platforms for men, women, and parents
|
|
| Locked | Locked | Locked |
Provider of comprehensive digital healthcare ecosystem
|
|
| Locked | Locked | Locked |
Provides online doctor consultations, lab bookings, and medicine ordering services.
|
|
| Locked | Locked | Locked |
Chat-based mobile app for doctor teleconsultations is provided to patients.
|
|
| Locked | Locked | Locked |
Personalized wellness solutions are delivered via a digital healthcare platform.
|
Detailed competitors of Paperplane
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Paperplane
Complete news archive for Paperplane
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paperplane
Paperplane was founded in 2021.
Paperplane is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Devansh Swarup is the current CEO of Paperplane. They have also founded this company.
Paperplane is a funded company, having raised a total of $433.45K across 2 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Paperplane is 1.
Annual revenue of Paperplane is $24.33K as on Mar 31, 2023.
A platform for building digital clinics on WhatsApp is offered by Paperplane. The solution enables users to set up their clinics in under seven minutes. It focuses on leveraging messaging platforms for healthcare accessibility. The technology sector is primarily targeted with innovative digital solutions.
Paperplane's top competitors include Mosaic Wellness, Visit Health and DocsApp.
Paperplane offers WhatsApp Clinic.
Paperplane has 13 investors. Key investors include LetsVenture, Dholakia Ventures, Cornerstone Venture Partners Fund, Kolte Patil Family Office, and LV Angel Fund.
The valuation of Paperplane is $1.45M as of Dec 2021.