⠂The funding round was led by Cornerstone Venture partners, while the rest included LV Angel Fund and other seed investors.
Mumbai , March 28, 2022
: Paperplane, a Bengaluru-based Digital Clinic announced that it has raised nearly US $400,000 in a follow-on funding round that was led by Cornerstone Venture Partners, while the rest included LV Angel Fund and other seed investors.
The Bengaluru-based startup was founded in 2021 by Devansh Swarup, Aryan Pandey, and Varun Goel and is a 100X.VC Portfolio company. Paperplane builds digital clinics on Whatsapp for doctors and hospitals to start and scale their medical practice on the world's most popular messaging app.
Talking about the funding Devansh Swarup, CEO of Paperplane said, “The CoVID-19 pandemic made it difficult for doctors to consult and treat patients at scale in physical clinics. Paperplane was born out of a motivation to ease this load on medical practitioners of patient management so that they can focus more on diagnosis and treatment. The fresh round of funding will help us further improve the AI-based practice management platform and amplify its reach,”
The platform is now being used by over 1,000 medical practitioners, conducting 11,000+ consultations per day, and serving more than 1,00,000 patients across the country. The Paperplane community is growing at more than 30% month-on-month due to the ease of adoption and minimal disruptions in the consulting process.
The service is easy to use, provides a means for timely diagnosis, with automated follow-ups via a popular messenger app. At 100X.VC, we are proud to see a product being born out of an altruistic vision to help Indian citizens,” said Ninad Karpe, Partner, 100X.VC.
The AI-based platform had raised a cheque from 100X.VC as part of the fund’s class 05 portfolio earlier in the year.