Ending Soon! Save 33% on All Access

Paperplane Raises INR 3 Crore From Cornerstone Venture Partners And Others The fresh funding will help the startup improve AI-based practice management platform and amplify its reach

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Artificial intelligence (AI)-powered digital clinic Paperplane announced on Tuesday that it has raised INR 3 crore in a funding round. The 100x.VC-backed startup develops digital clinics for doctors, dentists and other medical practitioners across multiple therapeutic areas.

The round saw participation from Cornerstone Venture Partners Fund and pre-existing backers LetsVenture and 100X.VC, among others.

The startup would utilise the funds to help these practitioners to manage their practice efficiently, expand the practice pan-India without any additional capital expenditure, engage with their patients remotely, and regularly using an automated platform.

The medical tech startup was found in 2021 by Devansh Swarup, Dhruv Upadhyay, Aryan Pandey and Varun Goel, batchmates from SRM Institute of Science and Technology. The platform is being used by 500-plus medical practitioners, serving at least 100,000 patients across the country.

Commenting on the fund raise, Devansh Swarup, CEO, Paperplane, said "The fresh round of funding will help us further improve AI-based practice management platform and amplify its reach."

On the investment, Vatsal Bavishi, Investment Director, Cornerstone Venture Partners Fund, said, "Paperplane's vision of building a unified healthcare platform for India is centred on doctors. The platform is extremely easy to set-up, automates and simplifies clinic operations – all the way from appointments to prescriptions to follow-ups, and thus enables doctors to seamlessly manage patient relationships and engagement. With no change in behaviour needed on the patient's behalf, such a platform is exactly what's needed to deliver healthcare services at scale in India."

Akshit Pushkarna

Features Writer

Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.

Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

News and Trends

Tata Motors Making Products Accessibility Simpler

From making financing solutions easier for its customers to making investments across brands; the company is dedicated to improve mass penetration

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.