About PlatinumRx
PlatinumRx is a Healthcare company based in Bengaluru (India) founded in 2023 by Piyush Kumar and Ashutosh Pandey. Online platform offering substitute medicines and healthcare products. PlatinumRx has raised $22.62 million across 3 funding rounds from investors including Stellaris Venture Partners, India Quotient and Shiv Kapoor. PlatinumRx was last valued at $3.49 million in December 2023. Its website platinumrx.in draws about 1.4 million monthly visits. Its Indian entity Afforis Health Technologies Private Limited reported revenue of ₹10.67 Cr. PlatinumRx offers products and services including Online Medicine Platform and Free Doctor Consultation. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Discount Programs. Its competitors include GliaCircle and Getmeds.
Company details
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.
- Headquarters Bengaluru, India
- Founders Piyush Kumar, Ashutosh Pandey
- Stage Minicorn
- SectorsHealthcare
- Website category Health
- Email••••••••
- Phone•••• ••••
- Website platinumrx.in
- Social LinkedIn X Facebook YouTube
- Legal Name Afforis Health Technologies Private Limited
- Date of Incorporation 25 Sep, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.67 Cr
FY 2025 · +7844% YoY
- Net Loss-₹7.28 Cr
FY 2025 · -68% margin
- EBITDA-₹7.10 Cr
FY 2025 · -67% margin
- Total Equity Funding$22.62M (USD)
in 3 rounds
- Latest Funding Round$15.82M (USD), Series A
Mar 2026
- InvestorsStellaris Venture Partners
& 3 more
Associated legal entities of PlatinumRx
PlatinumRx operates through Afforis Health Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Afforis Health Technologies Private Limited CIN U46497KA2023PTC179030 | Active | 25 Sep 2023 | Bangalore, Karnataka | ₹10.7 Cr | 6 | 3 | View details |
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.
Apps and channels of PlatinumRx
PlatinumRx publishes 1 mobile app with over 1M+ downloads; its YouTube channel PlatinumRx has 11.6K subscribers and 8 videos.
Videos from PlatinumRx
The most watched videos on PlatinumRx's YouTube channel, PlatinumRx (11.6K subscribers). Click a video to play it here.
More on PlatinumRx.
Funding Insights of PlatinumRx
PlatinumRx has successfully raised a total of $22.62M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15.82 million completed in March 2026. 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.
- Total Funding $22.62M
- Total Rounds 3
- Last Round Series A — $15.82M
- First Round $800,000
(Dec 2023)
- Investors Count 4
All 3 funding rounds of PlatinumRx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $15.82M | Series A | – | – | |
| Sep 2025 | $6M | Series A | – | Stellaris Venture Partners | |
| Dec 2023 | $800,000 | Seed | $3.49M | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $3.49M | •••••••• |
Last known valuation $3.49M (Dec 2023). 4 investors in total: 3 institutional and 1 angel.
Investors in PlatinumRx
PlatinumRx has secured backing from 4 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 |
|---|---|---|---|---|
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
| panthera-peak.com | ||||
SK Shiv Kapoor | Angel investor and entrepreneur, focused on tech startups in India. | unknown_a75cddb42a6a4fdab |
Investor details for PlatinumRx
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Verified entity values are shown only after access is granted.
Board of directors of Afforis Health Technologies Private Limited (PlatinumRx)
Afforis Health Technologies Private Limited is the primary company behind PlatinumRx. The board of Afforis Health Technologies Private Limited currently have 3 directors; the longest-serving is Piyush Kumar, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyush Kumar DIN 10333063 | Director | 25 Sep 2023 | 3 yrs 1 mo | Afforis Health Technologies Private Limited |
| Ashutosh Pandey DIN 10333064 | Director | 25 Sep 2023 | 3 yrs 1 mo | Afforis Health Technologies Private Limited |
| Naman Lahoty DIN 06993433 | Director | 03 Jul 2025 | 1 yr 3 mo | Afforis Health Technologies Private Limited |
People of PlatinumRx
3 people are tracked at PlatinumRx (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Syed Jommy Abbas | Team Lead Catalogue Management | Team |
Complete people profiles for PlatinumRx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PlatinumRx
Figures of Afforis Health Technologies Private Limited, the primary company behind PlatinumRx, for FY 2025. Revenue was ₹10.67 Cr (+7844% year on year). Net loss was -₹7.28 Cr (-68% margin). EBITDA was -₹7.10 Cr (-67% margin).
- ₹10.67 CrRevenue · FY 2025 · +7844% YoY
- -₹7.28 CrNet loss · -68% margin
- -₹7.10 CrEBITDA · -67% margin
- ₹19.3 LakhPaid-up capital
- 6Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Afforis Health Technologies Private Limited are on its company page.
Detailed financial statements for PlatinumRx
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PlatinumRx
4 dated milestones of PlatinumRx across 3 years, from founding to its latest funding, stage changes and deals.
- Founded PlatinumRx is founded.
- Funding First funding round of $800K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $15.8M.
Competitors of PlatinumRx
PlatinumRx has 2 listed competitors in our database. They include GliaCircle and Getmeds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gliacircle.com | 2024 | Bengaluru, India | Provides discounts on gadgets, medical essentials, and travel for healthcare professionals. | |||
| getmedsindia.in | 2018 | Varanasi, India | Operates a digital platform for convenient medicine shopping. |
Detailed competitors of PlatinumRx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of PlatinumRx
The website of PlatinumRx (platinumrx.in) receives about 1.4M visits a month and ranks #61,787 among all websites worldwide, #1,674 in Health.
- Monthly visits1.4M
▲ 51.6% vs previous month
- Unique visitors502.1K
per month
- Global rank#61,787
among all websites
- Category rank#1,674
Health · Health
- Bounce rate53%
- Pages per visit2.6
- Average visit2 min 18 sec
- DevicesDesktop 9% · Mobile 91%
Websites whose visitors overlap most with PlatinumRx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dawaiwala.com | 100% | #1,052,460 | View details | ||
sayacare.in | sayacare.in | 97% | #121,538 | – | |
| dawaadost.com | 96% | 105.4K | #297,555 | View details | |
| 1mg.com | 95% | 44.9M | #1,062 | View details | |
| chemist180.com | 94% | 98.4K | #401,610 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for PlatinumRx
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as PlatinumRx (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Related news about Platinumrx
Complete news archive for PlatinumRx
Full article history, source details, and older brand coverage require an active premium plan.
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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 $22.62M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Dec 2023.
The primary company behind PlatinumRx, Afforis Health Technologies Private Limited, reported revenue of ₹10.67 Cr for FY 2025, up 7844% year on year.
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 4 investors. Key investors include Stellaris Venture Partners, India Quotient, Shiv Kapoor, and Panthera Peak Capital.
The valuation of PlatinumRx is $3.49M as of Dec 2023.
PlatinumRx operates through Afforis Health Technologies Private Limited.
The legal entities of PlatinumRx currently have 3 directors, including Piyush Kumar, Ashutosh Pandey, Naman Lahoty.
Yes. PlatinumRx publishes Medicine Delivery - PlatinumRx, with over 1 million downloads.