Quick Medicine Delivery Co Plazza picks up $ 1.4 m in round that everyone led in capital

Rapid Medicine Delivery Startup Plazza, founded by former Zomato head of Dining Out Aman Priyadarshi, has obtained $ 1.4 million financing under the leadership of everyone in capital. Better Capital, data platform TracxN founder ABHISHEK Goyal, e-scooter maker Bounce’s founder Vivekananda Hallekere and Family Office of the Singhania family, the promoters of JK Tyre also participated in the round, said Priyadarshi et.

Plazza will use the funds to expand its product categories and to increase its store footprint in Bengaluru. Currently it has one store in the city and it is planning to add two more in the short term.

Although Plazza is a fast delivery platform for medicines with a delivery time line from 15 minutes to 60 minutes, it has chosen an omnichannel approach. It started with his flagship store in Yemalur and Plazza wants to open 20 new stores for the next 12 months. “A typical pharmacy has 4,000-5,000 SKUs (shareholding contemples) that is very small and does not have all the medicines that customers need,” said Priyadarshi, who is the founder of the startup and Chief. “We are challenging how Pharma’s retail trade is done.

We have 20,000 SKUs that can be purchased directly in our store or can also be delivered. “

Plazza plans to expand its offer to healthy snacks, mother and baby care, elderly care and dermatology products in his app and stores.