Saveo, a B2B pharmacy marketplace, raised $3.47 Million in seed funding led by Jetty Ventures, Gunosy Capital Partners and LC Nueva Alternative Investment Fund.
Saveo is a marketplace that allows pharmaceutical companies to connect with retailers and allow them to purchase allopathic, homoeopathic and surgical medicines.
Another vertical allows traditional pharmacies to digitize their operations. The pharmacy startup will use the funding to expand its reach across the country and accelerate growth.
Saveo will also make use of the funds to finance capital expenditures as well as its current working capital requirements.