Pharmarack, a Pune-based startup has raised $3 million as part of Series A funding round led by IvyCap Ventures
The healthtech platform also counts Unicorn India Ventures and Patni Group’s Currae Healthtech Fund among its investors.
Founded in 2016, the startup offers a plug-and-play platform for pharma manufacturers, distributors, and retailers that automates order-taking and provides real-time visibility into operational information like inventory in the warehouse, outstanding payments, and credit, among others.
“Improving access to quality healthcare products by making them 100% available and at the right prices to the right pharmacies is a critical mission for us at Pharmarack. The next 18-24 months are very exciting for us as we scale our offerings and footprint across the country,” Amit Backliwal, co-founder and CEO, was quoted as saying by ET.
The healthtech platform plans to leverage the funding to expand its network and broaden its product offerings in the healthcare sector.
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter , Instagram.