Saveo

Bengaluru, India Founded: 2019 • Age: 7 yrs
Offers a B2B managed marketplace for pharmacies
Annual revenue $20.2M Latest available
Total funding $20.0M 8 rounds
Employees 218 Tracked headcount
Investors 65 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
    Healthcare
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Saveo Healthtech Private Limited
  • Date of Incorporation 29 May, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $20.23 M (USD)
    184.85
    as on Mar 31, 2023
  • Net Profit
    -$5.49 M (USD)
    -69.86
    as on Mar 31, 2023
  • EBITDA
    -$4.83 M (USD)
    -56.61
    as 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
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People of Saveo

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Vivek Jaiswal
Co-Founder
People
Deepak Harave
Head - Sales
People
Nisarga R
Account Executive
People
Deepak Tiwary
Building B2r (retail Channel)

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in early-stage healthcare companies for consumer well-being and growth.
Locked Locked Locked
Venture capital and infrastructure investments are directed toward multiple sectors.
Locked Locked Locked
Angel Network for Bengaluru based companies
Locked Locked Locked
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Investor details for Saveo

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  • Investor domains
  • Investor locations
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  • Participation history

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.

Investments
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Investment portfolio details for Saveo

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of an online retail platform for the purchase of medicines
Locked Locked 2020 Locked
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Complete acquisition details for Saveo

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Saveo

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Detailed financials for Saveo

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  • Historical revenue
  • Profit trends
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Saveo Comparisons

Saveo Primary company
Description
Offers a B2B managed marketplace for pharmacies
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$20.23 M (USD)
Net Profit
-$5.49 M (USD)
EBITDA
-$4.83 M (USD)
Employees
218
As of 2024
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Peer comparison for Saveo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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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 year HQ Location Description
Locked Locked Locked
B2B marketplace platform for pharmaceutical products is operated.
Locked Locked Locked
Retail pharma procurement is enabled via hyperlocal e-commerce platform.
Locked Locked Locked
Provides a mobile marketplace for medicines with B2B options to facilitate efficient distribution.
Locked Locked Locked
Provides a B2B online marketplace for purchasing pharmaceuticals.
Locked Locked Locked
Operates a digital platform connecting pharmaceutical manufacturers, suppliers, and exporters for global trade.
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Detailed competitors of Saveo

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Saveo

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Complete news archive for Saveo

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

As of Mar 29, 2024, the latest employee count at Saveo is 218.

Annual revenue of Saveo is $20.23M as on Mar 31, 2023.

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.

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