Startup incubator and accelerator Venture Catalysts recently led a Rs 5 Cr investment in Biddano, a Pune-based tech-enabled B2B healthcare product distribution platform. The pre-Series A funding round also saw participation from other early-stage investors including LetsVenture.
Biddano aims to revolutionise offline pharma distribution networks by bridging supply-chain gaps between distributors and chemists through technology. It uses a ‘plug and expand’ model to help distributors manage their demand and supply while expanding their geographical reach.
“Our mission is to solve the problem of availability of medicine by organising the healthcare supply chain. We are empowering pharmacies and distributors to create a stronger, robust, and efficient ecosystem for healthcare consumers,” said Talha Shaikh, Co-founder, Biddano.