About Biddano
Biddano is a company based in Pune (India) founded in 2016 by Sheetal Yadav, Ashok Yadav, and Talha Shaikh. Biddano has raised $6.97 million across 10 funding rounds from investors including Angel List, BlackSoil and Venture Catalysts. The company has 19 employees as of June 30, 2024. Biddano operates in a competitive market with competitors including Saveo, Medimny, Retailio, Jetpat and PharmaPe, among others.
- Headquarter Pune, India
- Employees 19 as on 30 Jun, 2024
- Founders Sheetal Yadav, Ashok Yadav, Talha Shaikh
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$2.12 M (USD)29as on Mar 31, 2024
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Net Profit
-$1.06 M (USD)55as on Mar 31, 2024
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EBITDA
-$1.03 M (USD)56as on Mar 31, 2024
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Total Equity Funding
$6.97 M (USD)
in 10 rounds
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Latest Funding Round
$119.85 K (USD), Angel Round
May 03, 2024
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Investors
Angel List
& 157 more
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Employee Count
19
as on Jun 30, 2024
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Funding Insights of Biddano
Biddano has successfully raised a total of $6.97M across 10 strategic funding rounds. The most recent funding activity was a Angel Round of $119.85 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Angel Round — $119,853
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First Round
First Round
(01 May 2019)
- Investors Count 158
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Angel Round - Biddano | Valuation | Gokul Rajaram | |
| Jun, 2023 | Amount | Series A - Biddano | Valuation |
investors |
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| Apr, 2023 | Amount | Angel Round - Biddano | Valuation |
investors |
Investors in Biddano
Biddano has secured backing from 158 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Angel List, BlackSoil and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startup accelerator
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Founded Year | Domain | Location | |
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Investing in pre-seed to Series A startups across various sectors in India.
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Founded Year | Domain | Location | |
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Early-stage investment and advisory services for digitally native Indian startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Biddano
Financial Statements - Biddano
Biddano Comparisons
Competitors of Biddano
Biddano operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Saveo, Medimny, Retailio, Jetpat and PharmaPe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers a B2B managed marketplace for pharmacies
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| domain | founded_year | HQ Location |
B2B marketplace platform for pharmaceutical products is operated.
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| domain | founded_year | HQ Location |
Pharmacies, distributors, and manufacturers are connected via a B2B platform.
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| domain | founded_year | HQ Location |
Provides a mobile marketplace for medicines with B2B options to facilitate efficient distribution.
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| domain | founded_year | HQ Location |
Provides a B2B online marketplace for purchasing pharmaceuticals.
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Frequently Asked Questions about Biddano
Biddano was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Biddano is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Talha Shaikh is the current CEO of Biddano. They have also founded this company.
Biddano is a funded company, having raised a total of $6.97M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $609.91K, raised on May 01, 2019.
As of Jun 30, 2024, the latest employee count at Biddano is 19.
Annual revenue of Biddano is $2.12M as on Mar 31, 2024.
Biddano was founded in 2016 in Pune, India, within the healthcare technology sector. A cloud-based platform is operated to manage supply chains for pharmacies and hospitals. Orders for medical supplies are placed and tracked through the ShortBuk application by pharmacies and local distributors. Connections are established between pharmacies, hospitals, and various distributors. Medicine dispensing management systems are supplied to online pharmaceutical stores.
Biddano has 158 investors. Key investors include Angel List, BlackSoil, Venture Catalysts, LetsVenture, and ACG Group.
The valuation of Biddano is $32.55M as of May 2024.