Saveo is a B2B managed marketplace for pharmacies, bringing primary & secondary medicine market together, offering faster delivery, cheaper procurement & better technology to pharmacies. It runs with an aim that no prescription shall bounce in India. Indian pharmaceutical industry is highly fragmented with 6.5lakh retailers and 65000 distributors, unlike the US where there are just 5 major distributors covering 93% of the market share. We aim to streamline this supply chain by being a single distribution point and empower these 6.5lakh micro-entrepreneurs with technology and sustainability.
Saveo.in is a onestop solution for all pharmacy needs in B2B space with an aim that no prescription shall bounce in India. Founded in 2019 and headquartered in India, it operates in the E-Commerce and Health Care industries. The company recently secured a substantial INR283.80M Seed Round investment on 27 September 2022, with participation from notable investors including Incubate Fund, India Quotient, RTP Global, Matrix Partners India, Ocgrow Ventures, Capier Investments, Jetty Ventures, FourPoint Capital, IQ Alpha, Gunosy Capital.
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