PlusPin Healthcare
PlusPin aims to provide intelligent discovery of healthcare services in neighborhood through customized services and at an affordable price.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
$730k | Seed | ||
| Total Funding | 000k | ||
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PlusPin Healthcare, operating under the legal name Weeclu Solutions Private Limited, was established in 2016 and is based in Hyderabad, India. The company was co-founded by childhood friends Gopal Krishna Panigrahy and Santosh Kumar Panda, who serve as CEO and Co-founder, respectively. Their platform, launched in September 2017, operates on a B2B2C model, creating a healthcare ecosystem that connects hyperlocal service providers with independent retail pharmacists.
The core of PlusPin's business is to transform standalone, independent pharmacies into comprehensive healthcare service points. It provides pharmacists with a store app and connects them with partners to offer services like online diagnostic test booking, home healthcare, prescription record maintenance, and medical equipment rentals. This empowers local pharmacies to compete with online chains by offering a wider array of personalized healthcare services to their customers. For end-users, PlusPin serves as an online marketplace to book appointments, purchase diagnostic tests with at-home sample collection, and access telemedicine consultations.
The company generates revenue by enabling healthcare and wellness brands to market their products and services through its network of pharmacies, acting as a go-to-market platform. PlusPin has secured $738K in seed funding over two rounds, with a notable round of ₹5.25 crore led by the Indian Angel Network in September 2019. Key investors include Axilor Ventures, Indian Angel Network, Rajan Anandan, and the Munjal Group. Initially incubated at the CIE at IIIT-H, the startup aims to expand its presence across multiple Indian cities, with a focus on smaller urban areas.
Keywords: health-tech, pharmacy network, hyperlocal healthcare, diagnostic services, telemedicine, B2B2C healthcare, medical diagnostics, home healthcare, healthcare marketplace, digital pharmacy, healthcare ecosystem, prescription management, medical equipment rental, online appointments, at-home sample collection, healthcare platform, Indian healthcare, pharmaceutical technology, wellness services, doctor consultation