COMPANY INTELLIGENCE PROFILE
SAVEO HEALTHTECH PRIVATE LIMITED
Saveo Healthtech operates "Saveo," a B2B managed marketplace/digital distribution platform connecting pharmaceutical wholesalers/manufacturers with retail pharmacies across India, enabling pharmacies to order medicines and healthcare products digitally.
Saveo Healthtech Private Limited, incorporated on May 29, 2019, operates a B2B platform called "Saveo" for digital pharmaceutical distribution across India. It is an active private limited company engaged in wholesale trading of pharmaceutical products. In fiscal year 2024, the company recorded an estimated operating revenue of ₹196.76 crore with a net profit margin of 7.56% and ROE of 199.27%. The firm participates in routine commercial-recovery litigation typical of its business model.
AI-generated, may contain errors.
Business Overview
- Saveo Healthtech operates "Saveo," a B2B managed marketplace/digital distribution platform connecting pharmaceutical wholesalers/manufacturers with retail pharmacies across India, enabling pharmacies to order medicines and healthcare products digitally.
- Recognised as a DPIIT startup., Source: TheCompanyCheck; industry classification corroborated by Tofler as "Wholesale Trading, Pharmaceutical products.", Independent confirmation of the official company website could not be obtained in this pass — see data_gaps.
Sector & Classification
Trading — Wholesale trading of pharmaceutical products (NIC class consistent with U51100 in CIN = Wholesale trade). Source: Tofler.
Directors & Key Management
Directors — source notes
Confirmed (2 sources — TheCompanyCheck + Tofler agree on names/roles; DINs from Tofler only, partial): - Vivek Jaiswal — Director & Shareholder, DIN 08467047, appointed 29 May 2019 - Shivansh Shrivastava — Director & Shareholder, DIN 08467045, appointed 29 May 2019 - Amit Kumar — Director & Shareholder, DIN 07794447, appointed 18 Aug 2020 - Sanjeev Agarwal — Additional Director, DIN 07660430, appointed 07 Jul 2025 - Alka Goel — Nominee Director, DIN 07812441, appointed 10 Nov 2023 Last AGM: 13 November 2024 (Source: Tofler)
GST Registrations
Not obtained. Primary GSTIN could not be located via knowyourgst.com, findgst.in, or mastersindia.co in this pass (pages returned no company-specific data / errors). PAN base for GSTIN would be ABCCS1391Q per Tofler (partial, single-source). Home state expected Karnataka given registered address, but GSTIN number itself is unconfirmed — flagged as a data gap rather than invented.
Financials
SAVEO HealthTech Private Limited's FY2024 operating revenue is approximately ₹196.76 Cr with a 16.92% YoY growth. The company has a net profit margin of 7.56% and a remarkable ROE of 199.27%. Net worth increased by 27.06% while borrowings decreased by 17.43%.
AI-generated, may contain errors.
- Partial / estimated only, subscription-gated on primary sources:
- FY2024, year ended 31 Mar 2024, operating revenue: ₹196.76 Cr per TheCompanyCheck
- Tofler independently places revenue in the "₹100–500 Cr" band with 16.92% YoY growth — directionally consistent, both sources agree on ~17% YoY growth, so treated as confirmed-range/partial-absolute.
- Net profit margin: 7.56%, Operating margin: 7.54%, ROE: 199.27%, ROCE: 76.28% (Source: Tofler)
- Net worth grew 27.06% YoY; borrowings decreased 17.43% YoY; assets decreased 8.86% YoY (Source: Tofler)
- Exact absolute EBITDA, PAT, net worth, and borrowings figures were paywalled ("Tofler Pro") and not obtained — do not appear on MCA/public free pages.
- Not stated whether standalone or consolidated; presumed standalone, single-entity CIN filing, but not explicitly labeled by source.
Funding History
- Not obtained in this pass.
- Could not access Tracxn/Crunchbase/Inc42/Entrackr pages with specific Saveo funding round data, 404s / no matching articles returned.
- Charges data (below) shows lender relationships, Axis Trustee Services, SIDBI, Minions Ventures, Unity SFB, Stride One Capital, Standard Chartered, consistent with a venture-debt-backed startup, but no equity round names, amounts, or investor list could be confirmed — flagged as a gap, not invented.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Axis Trustee Services Ltd | ₹12 Cr | |
| SIDBI | ₹8 Cr | |
| Minions Ventures | ₹8 Cr | |
| Unity Small Finance Bank | ₹7 Cr | |
| Stride One Capital | ₹4 Cr | |
| Standard Chartered Bank | ₹1.1 Cr |
- Confirmed, single primary source, Tofler, showing registered charges — treated as confirmed since Tofler charge data mirrors MCA charge filings:
- Total ~₹40 Cr in secured loans across 6 charge-holders:
Legal & Compliance
- Confirmed, Indian Kanoon, Bangalore District Court records: Saveo Healthtech Private Limited appears as complainant in at least 13 cheque-bounce/recovery-type proceedings (2023–2026) filed at the XXV Additional Chief Judicial Magistrate Court, Bengaluru, against various pharmacy counterparties and individuals (e.g., vs.
- M/S Aashi Pharmacy, vs.
- M/S Peoples Pharma, vs.
- M/S S.F Medical and General Store, vs.
- M/S Adwitha Global Health Private Limited, and several individuals).
- These appear to be routine commercial-recovery litigation typical of a B2B trade-credit business model, not regulatory or criminal action against the company.
Competitive Landscape
- Named B2B pharma-distribution/marketplace peers in India, rough scale tags based on general market knowledge, not verified against a single source this pass: Retailio, similar-stage B2B pharmacy marketplace, Bhandari Healthcare / Bharat Healthcare Network, ONDC-based pharma distribution players, Medkart, pharmacy chain, adjacent model, PharmEasy/Retailio's wholesale arms, and Jumbotail-style B2B trade platforms, analogous grocery model.
- Scale is broadly comparable to other Series A–B Indian B2B distribution startups
- Exact competitor set should be treated as indicative, not fully verified.
Frequently Asked Questions
What does Saveo Healthtech Private Limited do?
Saveo Healthtech operates 'Saveo,' a B2B managed marketplace that connects pharmaceutical wholesalers and manufacturers with retail pharmacies across India. The platform enables pharmacies to order medicines and healthcare products digitally.
What is the CIN of Saveo Healthtech Private Limited?
The CIN of Saveo Healthtech Private Limited is U51100KA2019PTC124780.
When was Saveo Healthtech Private Limited incorporated?
Saveo Healthtech Private Limited was incorporated on 29 May 2019.
Where is the registered office of Saveo Healthtech Private Limited located?
The registered office of Saveo Healthtech Private Limited is located at New 79/2, New Timber Yard Layout, Bengaluru, Karnataka 560026.
Sources
1. TheCompanyCheck — https://www.thecompanycheck.com/company/saveo-healthtech-private-limited/U51100KA2019PTC124780 (identity, business overview, revenue estimate, director list, DPIIT status) 2. Tofler — https://www.tofler.in/saveo-healthtech-private-limited/company/U51100KA2019PTC124780 (identity, PAN, DINs, financial ratios/growth, charges, related-company links) and its /financials and /shareholding sub-pages 3. Indian Kanoon — https://indiankanoon.org/search/?formInput=Saveo%20Healthtech (litigation records, Bangalore District Court) 4. Falconebiz.com — attempted, landing page only, no company-specific data retrieved 5. saveo.in / saveoapp.com — attempted for domain/logo confirmation; saveo.in redirects to curebay.com (unrelated), saveoapp.com had a cert error — inconclusive
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.