Bengaluru's Plazza Bags $15M Series A to Expand AI-Powered Pharmacy Delivery Network
Accel, Elevation Capital and Nexus Venture Partners lead the round as Plazza scales its 40,000-SKU pharmacy platform, posting 95% prescription fulfilment and 27x GMV growth since June 2025.
What happened
Bengaluru pharmacy-tech startup Plazza raises $15M Series A led by Accel, Elevation Capital, Nexus to expand AI-driven pharmacy network and rapid medicine
Key facts
- $15 million Series A
- $30 billion pharmacy retail market
- 5,000 medicines stocked by typical chemists
- 100,000+ products universe
- 40,000+ SKUs per outlet
- 95% prescription fulfilment vs 50-60% industry average
- 15-30 min delivery
- 27x GMV growth June 2025-March 2026
- 30% larger basket for repeat customers
- $1.4 million seed funding
Why this matters
Plazza's rapid scaling and blue-chip VC backing position it as a potential acquisition target or partnership candidate for larger healthcare or e-commerce platforms eyeing India's pharmacy delivery market.