Hybrid healthcare platform CureBay has acquired the pharma distribution business of Saveo Healthtech for an undisclosed amount. The deal includes Saveo’s network of over 10,000 retail pharmacies across southern India, along with distribution hubs in Bengaluru and Hyderabad, procurement capabilities, and its tech-enabled ordering platform.
The acquisition is aimed at strengthening CureBay’s supply chain infrastructure and improving medicine availability across its healthcare network.
Integration to Improve Fulfilment and Inventory Efficiency
CureBay plans to integrate Saveo’s distribution capabilities with its existing operations to enhance fulfilment cycles and gain better visibility into inventory management. The move is expected to streamline medicine delivery and reduce operational friction across its platform.
The company said it has already completed most of the integration and is rolling out combined operations in select markets, indicating a phased approach to scaling the unified infrastructure.
Expansion Towards Full-Stack Healthcare Platform
Founded by Priyadarshi Mohapatra, CureBay operates over 190 eClinics across 15,000 villages and has served more than one million patients. Its platform combines teleconsultation, diagnostics, pharmacy access, and referral services through a hybrid model that integrates physical centres with digital tools.
With this acquisition, CureBay is moving towards a full-stack healthcare model by bringing medicine distribution into its core offering. The company had earlier raised $21 million in a Series B funding round led by Bertelsmann India Investments, valuing it at around $75 million.
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