- No. of Employees173
- Founded Year 2019
- Company StagePrivate Limited Company
- Total Funding₹161.91 Cr
- Industry
- Headquarter
- Company StatusActive
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.
Pharmacy focused supply chain and marketplace platform Saveo. It connects pharmaceutical companies with retailers and acts as a procurement point for generics, surgical, OTC, speciality, allopathy, and ayurvedic medicines. It also claims to help neighborhood pharmacy stores to digitize their businesses.
- Matrix Partners, RTP Global Partners, Indian Quotient
Note:
Valuation as on Sep 28, 2022