About Saveo
Saveo is a company based in Bengaluru (India) founded in 2019 by Amit Kumar, Vivek Jaiswal, and Shivansh Shrivastava.. Saveo has raised $20.02 million across 8 funding rounds from investors including Angel List, Wellfound and Lighthouse Canton. The company has 218 employees as of March 29, 2024. Saveo has completed 1 acquisition, including Shuttr. Saveo operates in a competitive market with competitors including Medimny, MEDdelivery, Jetpat, PharmaPe and Pharmatradz, among others.
- Headquarter Bengaluru, India
- Employees 218 as on 29 Mar, 2024
- Founders Amit Kumar, Vivek Jaiswal, Shivansh Shrivastava
- Stage Minicorn
-
Sectors
HealthcareRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Saveo Healthtech Private Limited
- Date of Incorporation 29 May, 2019
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$20.23 M (USD)184.85as on Mar 31, 2023
-
Net Profit
$-5.49 M (USD)-69.86as on Mar 31, 2023
-
EBITDA
$-4.83 M (USD)-56.61as on Mar 31, 2023
-
Total Equity Funding
$20.02 M (USD)
in 8 rounds
-
Latest Funding Round
$73.54 K (USD), Series A
Mar 11, 2025
-
Investors
Angel List
& 64 more
-
Employee Count
218
as on Mar 29, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Co Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
Creative and Marketing Team
1 people
Unlock access to complete
Funding Insights of Saveo
Saveo has successfully raised a total of $20.02M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $73.54 thousand completed in March 2025. 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 8
- Last Round Series A — $73,541
-
First Round
First Round
(01 Mar 2020)
- Investors Count 65
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Saveo | Valuation | Lighthouse Canton , Unity Small Finance Bank |
|
| Aug, 2024 | Amount | Series A - Saveo | Valuation | Scov3 | |
| Sep, 2023 | Amount | Series A - Saveo | Valuation | Alkemi Growth Capital , Capier Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Saveo
Saveo has secured backing from 65 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Lighthouse Canton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment in early-stage healthcare companies for consumer well-being and growth.
|
Founded Year | Domain | Location | |
|
Venture capital and infrastructure investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Angel Network for Bengaluru based companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Saveo
Saveo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shuttr. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of an online retail platform for the purchase of medicines
|
2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Saveo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Saveo Comparisons
Competitors of Saveo
Saveo 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 Medimny, MEDdelivery, Jetpat, PharmaPe and Pharmatradz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
B2B marketplace platform for pharmaceutical products is operated.
|
|
| domain | founded_year | HQ Location |
Retail pharma procurement is enabled via hyperlocal e-commerce platform.
|
|
| domain | founded_year | HQ Location |
Provides a mobile marketplace for medicines with B2B options to facilitate efficient distribution.
|
|
| domain | founded_year | HQ Location |
Provides a B2B online marketplace for purchasing pharmaceuticals.
|
|
| domain | founded_year | HQ Location |
Operates a digital platform connecting pharmaceutical manufacturers, suppliers, and exporters for global trade.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Saveo
Frequently Asked Questions about Saveo
When was Saveo founded?
Saveo was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Saveo located?
Saveo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Saveo a funded company?
Saveo is a funded company, having raised a total of $20.02M across 8 funding rounds to date. The company's 1st funding round was a Series A of $4.3M, raised on Mar 01, 2020.
How many employees does Saveo have?
As of Mar 29, 2024, the latest employee count at Saveo is 218.
What is the annual revenue of Saveo?
Annual revenue of Saveo is $20.23M as on Mar 31, 2023.
What does Saveo do?
Founded in 2019 in Bengaluru, India, Saveo operates within the healthcare sector as a managed B2B marketplace. Pharmacies are enabled to source branded generics, surgical supplies, OTC products, allopathy, and ayurvedic medicines through a centralized platform. Orders can be searched, placed, and tracked in real time, with delivery status monitored accordingly. The service supports efficient procurement processes for pharmaceutical businesses.
Who are the top competitors of Saveo?
Saveo's top competitors include MEDdelivery, Medimny and Jetpat.
How many acquisitions has Saveo made?
Saveo has made 1 acquisition, including Shuttr.
Who are Saveo's investors?
Saveo has 65 investors. Key investors include Angel List, Wellfound, Lighthouse Canton, Gunosy, and Z Nation Lab.
What is Saveo's valuation?
The valuation of Saveo is $33.2M as of Mar 2025.