Mumbai, July 20 -- Quick medicine delivery platform Plazza has raised $15 million in a Series A funding round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing investors All In Capital and Better Capital.

The funding will be used to expand the store network, founder and chief executive Aman Priyadarshi told Mint on Monday.

"We have a couple of stores in Bengaluru that we have been experimenting with, and now we've raised capital to increase our geographical footprint. We are launching about 10 stores very quickly in the next eight weeks, and we will have about 20 stores in the city by the end of this year," he said.

In a year's time, Plazza expects to expand to other cities, and is gunning...