B2B marketplace for pharmacies Saveo raises $4 mn from Matrix, others

Bengaluru-based B2B e-commerce marketplace for pharmacies, Saveo Healthtech, has raised $4 million seed round co-led by Matrix Partners India and RTP Global. Incubate Fund, India Quotient and angel investors including CRED Founder Kunal Shah, and BigBasket Co-founders, also participated. Saveo was founded by IIT graduates Amit Kumar, Anurag Savarnya, Shivansh Shrivastava and Vivek Jaiswal.