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. 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
- Founders Amit Kumar, Vivek Jaiswal, Shivansh Shrivastava
- Stage Minicorn
- SectorsHealthcareRetail
- Email••••••••
- Phone•••• ••••
- Website saveo.in
- Social LinkedIn X Facebook
- Legal Name Saveo Healthtech Private Limited
- Date of Incorporation 29 May, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹197 Cr
FY 2024 · +17% YoY
- Net Loss-₹38.48 Cr
FY 2024 · -20% margin
- EBITDA-₹31.18 Cr
FY 2024 · -16% margin
- Total Equity Funding$20.02M (USD)
in 8 rounds
- Latest Funding Round$73.54K (USD), Series A
Mar 2025
- InvestorsAngel List
& 64 more
- Employee Count218
- Investments & Acquisitions
Associated legal entities of Saveo
Saveo operates through Saveo Healthtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Saveo Healthtech Private Limited CIN U51100KA2019PTC124780 | Active | 29 May 2019 | Bangalore, Karnataka | ₹197 Cr | 218 | 5 | View details |
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 $20.02M
- Total Rounds 8
- Last Round Series A — $73,541
- First Round $264,323
(Mar 2020)
- Investors Count 65
All 8 funding rounds of Saveo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $73,541 | Series A | $33.2M | Lighthouse Canton, Unity Small Finance Bank | – |
| Aug 2024 | $3.48M | Series A | $34.37M | Scov3 | |
| Sep 2023 | $4.3M | Series A | $••••• | Alkemi Growth Capital, Capier Investments | |
| Feb 2023 | – | Seed | – | PeerCapital | – |
| Sep 2022 | $4.5M | Seed | $••••• | 4point0, Gunosy Capital | |
| Jan 2022 | $3.4M | Seed | $••••• | RTP Global, Z Nation Lab | |
| Jan 2021 | $4M | Seed | $••••• | RTP Global, Z47 | |
| Mar 2020 | $264,323 | Seed | – | India Quotient, First Cheque |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2025 | $33.2M | •••••••• |
| Aug 2024 | $34.37M | •••••••• |
| Sep 2023 | $••••• | •••••••• |
| Sep 2022 | $••••• | •••••••• |
| Jan 2022 | $••••• | •••••••• |
| Jan 2021 | $••••• | •••••••• |
Full valuation and stage history of Saveo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $33.2M (Mar 2025). 65 investors in total: 31 institutional and 34 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage healthcare companies for consumer well-being and growth. | 2017 | alkemivp.com | Delhi, India | |
Venture capital and infrastructure investments are directed toward multiple sectors. | – | icmgpartners.com | Singapore, Singapore | |
Angel Network for Bengaluru based companies | 2015 | capierinvestments.com | Bengaluru, India | |
Venture capital firm investing in seed to Series A startups across FinTech, Health-Tech, and other tech sectors, based in India. | 2022 | peercapital.in | Bengaluru, India | |
Venture capital firm investing in health-tech and pharmaceuticals in India. | 2022 | 4point0.vc | Mumbai, India | |
Investment in high-growth models and consumer market segments. | 2018 | jettyventures.com | Bengaluru, India | |
Venture capital is invested in companies across multiple sectors. | – | ocgrowgroup.com | Calgary, Canada | |
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Venture capital fund investing in early-stage tech startups | 2016 | incubatefund.in | Tokyo, Japan |
Investor details for Saveo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Saveo Healthtech Private Limited (Saveo)
Saveo Healthtech Private Limited is the primary company behind Saveo. The board of Saveo Healthtech Private Limited currently have 5 directors; the longest-serving is Vivek Jaiswal, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Jaiswal DIN 08467047 | Director | 29 May 2019 | 7 yrs 4 mo | Saveo Healthtech Private Limited |
| Shivansh Shrivastava DIN 08467045 | Director | 29 May 2019 | 7 yrs 4 mo | Saveo Healthtech Private Limited |
| Amit Kumar DIN 07794447 | Director | 18 Aug 2020 | 6 yrs 1 mo | Saveo Healthtech Private Limited |
| Alka Goel DIN 07812441 | Nominee Director | 10 Nov 2023 | 2 yrs 10 mo | Saveo Healthtech Private Limited |
| Sanjeev Agarwal DIN 07660430 | Director | 07 Jul 2025 | 1 yr 3 mo | Saveo Healthtech Private Limited |
People of Saveo
6 people are tracked at Saveo (4 in leadership, 2 in team); the tracked headcount is 218.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Deepak Harave | Head - Sales | Leadership |
Nisarga R | Account Executive | Team |
Deepak Tiwary | Building B2r (retail Channel) | Team |
Complete people profiles for Saveo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Saveo
Figures of Saveo Healthtech Private Limited, the primary company behind Saveo, for FY 2024. Revenue was ₹197 Cr (+17% year on year). Net loss was -₹38.48 Cr (-20% margin). EBITDA was -₹31.18 Cr (-16% margin). Revenue has grown at a compounded annual rate of +189% over three years.
- ₹197 CrRevenue · FY 2024 · +17% YoY
- -₹38.48 CrNet loss · -20% margin
- -₹31.18 CrEBITDA · -16% margin
- ₹13.7 LakhPaid-up capital
- 218Employees (provident fund records)
- +189%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Saveo Healthtech Private Limited are on its company page.
Detailed financial statements for Saveo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Saveo
Saveo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shuttr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of an online retail platform for the purchase of medicines | shuttrstores.com | Gurugram, India | 2020 | Jan 2021 | •••• |
Complete acquisition details for Saveo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Saveo
5 dated milestones of Saveo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Saveo is founded.
- Funding First funding round of $264K.
- Acquisition Acquires Shuttr.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $74K.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medimny.com | 2019 | Thane, India | $206,729 | 10 | B2B marketplace platform for pharmaceutical products is operated. | |
| meddelivery.in | 2018 | Jaipur, India | $1.66M | 3 | Retail pharma procurement is enabled via hyperlocal e-commerce platform. | |
| jetpat.com | 2013 | Chennai, India | – | – | Provides a mobile marketplace for medicines with B2B options to facilitate efficient distribution. | |
| pharma-pe.com | 2024 | Jalgaon, India | – | – | Provides a B2B online marketplace for purchasing pharmaceuticals. | |
| pharmatradz.com | 2021 | Gurugram, India | – | – | Operates a digital platform connecting pharmaceutical manufacturers, suppliers, and exporters for global trade. | |
| vilkimedicart.com | 2023 | Raipur, India | – | – | Operates an online platform for B2B transactions between retailers and wholesalers in the pharmaceutical industry. |
Detailed competitors of Saveo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Saveo
The website of Saveo (saveo.in) receives about 6.3K visits a month.
- Monthly visits6.3K
▲ 61.7% vs previous month
Websites whose visitors overlap most with Saveo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hpiinc.com | 100% | 11.8K | #2,067,910 | View details | |
| triomics.com | 100% | 3.8K | #4,560,393 | View details |
Latest news on Saveo
Complete news archive for Saveo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Saveo
10 companies that operate in the same segment as Saveo (Pharmacy & Healthcare Retail Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | – | |
Online community and B2B platform for pharmacy professionals is operated. | 2012 | Singapore, Singapore | USD 10 M | – | – | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | Eden Prairie, Minnesota, United States | USD 250 K | USD 383.36 M | 140 | |
Materials management and business analytics solutions for healthcare are provided. | 1992 | Mountain View, California, United States | USD 20 M | USD 1.18 B | 3,670 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 929.11 M | USD 805.55 M | 221 | |
Prescription drugs refill management solutions | 2015 | San Francisco, California, United States | USD 105.54 M | – | 99 | |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows. | 2016 | Jacksonville, United States | USD 30.64 M | – | 95 | |
Medication management systems are supplied to healthcare providers and pharmacies. | 1968 | Columbus, Ohio, United States | USD 8.3 M | – | – | |
Provider of supply chain management platform | 2009 | Columbus, Ohio, United States | USD 5.76 M | – | 55 | |
AI-based platform for medication data and analytics in pharmacies. | 2011 | Alexandria, United States | USD 10.5 M | – | 115 |
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Frequently Asked Questions about Saveo
Saveo was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Saveo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
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 Seed of $264.32K, raised on Mar 2020.
Saveo has 218 employees.
The primary company behind Saveo, Saveo Healthtech Private Limited, reported revenue of ₹197 Cr for FY 2024, up 17% year on year.
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.
Saveo's top competitors include MEDdelivery, Medimny and Jetpat.
Saveo has made 1 acquisition, including Shuttr.
Saveo has 65 investors. Key investors include Angel List, Wellfound, Lighthouse Canton, Gunosy, and Z Nation Lab.
The valuation of Saveo is $33.2M as of Mar 2025.
Saveo operates through Saveo Healthtech Private Limited.
The legal entities of Saveo currently have 5 directors, including Vivek Jaiswal, Shivansh Shrivastava, Amit Kumar and others.