Saveo raises $4 Million in Seed Funding from Matrix, RTP Global & Clutch of Angel Investors
Team StartupcitySaveo, a B2B e-commerce platform for pharmacies has raised $4 million in seed funding co-led by Matrix Partners India and RTP Global. Incubate Fund and India Quotient also participated in the round along with a clutch of angel investors, including Kunal Shah, Founder, Cred; Rajesh Yabaji, Founder, Blackbuck; Asish Mohapatra and Ruchi Kalra, Co-founders, OfBusiness; Amit, Naveen & RK Misra, Co-founders, Yulu; VS Sudhakar & Vipul, Co-founders, Bigbasket; Revant Bhate, Co-founder, Mosaic Wellness; Sumit Ghorawat, Co-founder, Shopkirana; and Raoul Bajaj, CEO, Trafigura India. Founded in 2019, Saveo operates a business-to-business e-commerce platform focused on pharmacies and deals in allopathy, generics, surgical, ayurvedic and specialty pharmaceuticals.