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§ Private Profile · No. 133 (P), CTS No. 4944, Pune, Maharashtra, India, 411028
B2B healthcare marketplace for pharma distributors, pharmacies, hospitals. Streamlines India's pharmaceutical supply chain with AI logistics.
Biddano is a Pune, India-based B2B healthcare marketplace and logistics platform that connects pharmaceutical manufacturers, distributors, and retail pharmacies to streamline supply chain procurement. The company utilizes artificial intelligence to manage inventory and automate order fulfillment across a network of over 80,000 pharmacies and hospitals, facilitating rapid deliveries with a turnaround time of under three hours daily. Operating with a team of approximately 15 employees across more than 30 Indian cities, the platform processes over 50,000 SKUs and generates an estimated $500,000 in trailing twelve-month revenue. Biddano has raised approximately $2.7 million in total venture funding, which includes a $2 million pre-Series A round backed by prominent investors such as Venture Catalysts, JAFCO Asia, LetsVenture, and Gokul Rajaram. The Indian healthcare technology organization was officially founded in November 2016 by co-founders Talha Shaikh and Ashok Yadav.
Biddano has raised $2.7M across 2 funding rounds.
Biddano has raised $2.7M in total across 2 funding rounds.
Biddano has raised $2.7M in total across 2 funding rounds.
Biddano's investors include Gokul Rajaram, Venture Catalysts | India's First Integrated Incubator, Anuj Srivastava, Ramakant Sharma, AngelList, JPIN Venture Catalysts.
Biddano is India's leading B2B healthcare supply chain platform, connecting distributors, pharmacies, and hospitals to streamline procurement of medicines and supplies.[1][2][3] It simplifies the healthcare ecosystem by offering transparent order management, just-in-time deliveries within 3 hours, reverse logistics for expired drugs, and tools for affordability and accessibility, especially in remote areas, serving over 15,000 pharmacies with more than 2 million orders processed and GMV exceeding 100 million.[1][2][3] Backed by endorsement from the All India Association of Chemists & Distributors, Biddano drives growth in India's fragmented pharma distribution by digitizing offline processes and leveraging AI/ML for efficiency.[2][3][4]
Founded in 2016 in Pune, Maharashtra, India, Biddano emerged to tackle key challenges in healthcare: lack of organized last-mile delivery and poor affordability/accessibility of medicines, particularly in remote regions.[1][2][3] The founders built it as India's first B2B healthcare supply-chain platform, envisioning a scalable solution linking manufacturers, distributors, and retailers to improve quality of life through an easy-to-use marketplace.[3] Early traction came from endorsements like the All India Association of Chemists & Distributors as their exclusive channel partner, enabling rapid network expansion and pivotal milestones such as processing over 2 million orders.[2][3] The team assembled talent sharing this vision, attracting investors from San Francisco and Silicon Valley.[3]
Biddano rides the wave of India's digital transformation in healthcare supply chains, digitizing a fragmented, offline pharma distribution sector valued for its massive scale but hindered by inefficiencies.[1][4] Timing aligns with rising demand for organized last-mile delivery post-pandemic, AI-driven logistics, and government pushes for accessible medicines, favoring platforms that bridge distributors and retailers.[2][3][4] It influences the ecosystem by pioneering B2B marketplaces, enabling pharmacies to expand procurement, generate profits (e.g., 16-25% margins shown on platform), and fostering jobs through network growth, while competitors like general logistics players lag in healthcare specificity.[1][5]
Biddano plans aggressive expansion to 25 cities, leveraging an AI-driven model to secure $10M in Series A funding and further streamline supply chains.[4] Trends like AI/ML integration, cloud scalability, and healthcare logistics demand will propel it, potentially boosting GMV and pharmacy network amid India's booming pharma market.[1][4] Its influence may evolve from category-buster to dominant player, enhancing medicine accessibility nationwide and attracting more global investors, solidifying its role as the go-to B2B healthcare marketplace.[3][4]
Biddano has raised $2.7M across 2 funding rounds. Most recently, it raised $2.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $2M Seed | Gokul Rajaram | Venture Catalysts, Anuj Srivastava, Ramakant Sharma, AngelList, Jpin Venture Catalysts | Announced |
| Oct 1, 2020 | $680K Seed | Venture Catalysts | — | Announced |