B2B healthcare product distribution platform Biddano raised Rs 5Cr led through Venture Catalysts

B2B healthcare product distribution platform Biddano raised Rs 5Cr led through Venture Catalysts Startup incubator and accelerator Venture Catalysts these days led a Rs five crore funding in Biddano, a Pune-primarily based totally tech-enabled B2B healthcare product distribution platform. The pre-Series A investment spherical additionally noticed participation from different early-level traders together with LetsVenture.

“Our undertaking is to clear up the hassle of availability of drugs through setting up the healthcare deliver chain. We are empowering pharmacies and vendors to create a stronger, robust, and green atmosphere for healthcare consumers,” stated Talha Shaikh, Co-founder, Biddano.

“The pre-Series A investment serves to reaffirm our religion in our enterprise version and motivates us to retain constructing in this tech-led disruption that we’ve created withinside the Indian pharmaceutical space,” he brought.

Established in 2016 through Talha Shaikh and Ashok Yadav, Biddano ambitions to revolutionise offline pharma distribution networks through bridging deliver-chain gaps among vendors and chemists via technology. It makes use of a ‘plug and expand’ version to assist vendors control their call for and deliver at the same time as increasing their geographical attain.

The platform in addition simplifies order control for chemists and hospitals through allowing orders from more than one vendors to be effortlessly consolidated into pharmacy-unique deliveries.

Through its cutting-edge fulfilment infrastructure, Biddano additionally guarantees that pharmacies, chemists, and hospitals, etc., can procure drug treatments in much less than 3 hours of setting an order.

“Biddano’s version is unique. Many tech-led pharma startups are fixing for the net buy and doorstep shipping of drug treatments for the end-consumer, while Biddano ambitions to revolutionise the traditional deliver chain through addressing the gaps in offline pharma networks,” brought Apoorva Ranjan Sharma, Co-founder and President, Venture Catalysts.

With its AI-led method growing the attain and velocity of healthcare shipping for diverse stakeholders, Biddano stated it desires to come to be a one-forestall answer for all of the procurement and fulfilment wishes for chemists and hospitals.

The platform presently has its eyes set at the Indian pharmaceutical market, really well worth over $24 billion at present, and comprising over 1,000,000 chemists and 65,000 vendors.