VC Fund Investments
B2B Pharma-tech co MEDdelivery raises $1-M from Auxano, LetsVenture, others
Jaipur-based MEDdelivery, a business-to-business (B2B) pharma-tech startup, has raised around USD 1 million in a new round from Auxano Entrepreneur Trust, LetsVenture, Kisho Capital, Venture Garage and angels. MEDdelivery acts as a single value chain between pharma companies, stockists and medical shops. It helps local medical shops procure supplies from hyperlocal wholesale markets. The firm claims to offer a catalogue of over 1 million SKUs from over 10,000 different pharmaceutical brands. MEDdelivery operates in over 8 cities with more than 3,000 retail pharmacies using its platform to procure supply.
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