Plazza raises $15 million Series A to expand its pharmacy network
Accel, Elevation Capital and Nexus Venture Partners co-led the financing for the Bengaluru medicine delivery business.
Plazza raised $15 million in a Series A round announced on 20 July 2026. Accel, Elevation Capital and Nexus Venture Partners co-led the financing, with existing investors All In Capital and Better Capital also participating.
The company will use the funding to develop its technology and inventory planning, strengthen operations and expand its pharmacy network into new markets.
Founded by Aman Priyadarshi, Plazza combines neighbourhood pharmacies with rapid medicine delivery in Bengaluru. Its inventory system learns which medicines each local area needs and adjusts store assortments and replenishment accordingly. The model aims to help patients fill prescriptions from a single nearby store, with deliveries targeted within 15 to 30 minutes.
Use of funds
Develop technology and AI inventory planning
Build operations and expand the pharmacy network