About PlatinumRx
PlatinumRx is a company based in Bengaluru (India) founded in 2023 by Piyush Kumar and Ashutosh Pandey. PlatinumRx has raised $6.8 million across 2 funding rounds from investors including Stellaris Venture Partners, India Quotient and Shiv Kapoor. PlatinumRx offers products and services including Online Medicine Platform and Free Doctor Consultation. PlatinumRx operates in a competitive market with competitors including GliaCircle and Getmeds, among others.
- Headquarter Bengaluru, India
- Founders Piyush Kumar, Ashutosh Pandey
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Afforis Health Technologies Private Limited
- Date of Incorporation 25 Sep, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.8 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Sep 03, 2025
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Investors
Stellaris Venture Partners
& 2 more
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Employee Count
Not available
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Products & Services of PlatinumRx
PlatinumRx offers a comprehensive portfolio of products and services, including Online Medicine Platform and Free Doctor Consultation.
Platform for ordering affordable substitute medicines with fast delivery options.
Service providing advice on safe substitute medicines for users.
People of PlatinumRx
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Funding Insights of PlatinumRx
PlatinumRx has successfully raised a total of $6.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in September 2025. 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 PlatinumRx
PlatinumRx has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Stellaris Venture Partners, India Quotient and Shiv Kapoor.
| Investor | Description | Founded Year | Domain | Location |
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Investment in Indian startups across technology and fintech sectors.
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Shiv Kapoor |
Angel investor and entrepreneur, focused on tech startups in India.
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Investor details for PlatinumRx
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Investments & Acquisitions by PlatinumRx
Investment portfolio details for PlatinumRx
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Financial Statements - PlatinumRx
Detailed financials for PlatinumRx
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Platinumrx Comparisons
Peer comparison for PlatinumRx
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Competitors of PlatinumRx
PlatinumRx 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 GliaCircle and Getmeds, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides discounts on gadgets, medical essentials, and travel for healthcare professionals.
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Operates a digital platform for convenient medicine shopping.
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Detailed competitors of PlatinumRx
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Latest news on Platinumrx
Complete news archive for PlatinumRx
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Frequently Asked Questions about PlatinumRx
PlatinumRx was founded in 2023.
PlatinumRx is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
PlatinumRx is a funded company, having raised a total of $6.8M across 2 funding rounds to date.
PlatinumRx was established in 2023 in Bengaluru, India, within the healthcare retail sector. An online platform is operated to facilitate orders for substitute prescribed medications and related products. Prescriptions are uploaded by users, or consultations with professionals are accessed as needed. Various healthcare items are made available, supporting access in the Indian market.
PlatinumRx's top competitors include GliaCircle and Getmeds.
PlatinumRx offers Online Medicine Platform and Free Doctor Consultation.
PlatinumRx has 3 investors. Key investors include Stellaris Venture Partners, India Quotient, and Shiv Kapoor.
The valuation of PlatinumRx is $3.49M as of Dec 2023.