Funding updates

In a seed round Saveo raises $4 Mn

Saveo B2B e-commerce marketplace for pharmacies, has secured $4 million in a seed round co-led by Matrix Partners India and RTP Global with the participation of Incubate Fund, India Quotient and a clutch of angel investors.

The fresh funding will be utilized to expand into newer and existing geographies. Amit Kumar, Anurag Savarnya, Shivansh Shrivastava and Vivek Jaiswal, laid the stone of Saveo in August 2019. Saveo is a B2B managed marketplace for Indian pharmacies providing a single procurement point for all possible medicines.

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