India's SaaS service provider Pre-A round of financing Rs 500 crore: SaaS management services for medical distributors
Recently, India's SaaS service provider Pharmarack announced the launch of a Rs 500 crore Pre-A round of financing programs to provide automated order processing and inventory management software as a service (SaaS) applications for medical retailers and distributors. Investors include the Indian Unicorn Ventures and the Currae Healthtech Fund. Based on SaaS, Pharmarack's technology focuses on the automated healthcare value chain to create a supply chain matrix that impacts the entire healthcare industry . Provide existing market conditions, analysis and business reporting by operating customer relationship management, accounting and business software. The company was founded in September 2015 and its founders include Pradyumn Singh, Kushal Bhandari, Anupam Sarawagi and Bhavik Parmar. Singh served as CEO of the company. Prior to that, he served as Finance and Fixed Income Officer at ICAP India and Vice President of Sunidhi Financial Services Debt Market. “The Indian drug market is estimated at $15 billion, and the annual loss due to drug overdue or mismanagement is about 3-4%.†Singh said: “We have created a new platform through which drug supply chain participants can pass. To understand the orientation of medicines." He also said that due to the complexity of the market, it is often difficult for the pharmaceutical industry to determine what effect the company will have once it leaves the factory and enter the market, which will make it difficult for them to determine their production targets. Through the Pharmarack application, drug manufacturers can understand existing warehouse inventory and distribution and can use this information to determine their production goals. Horizontal Arm Cmm,Nebula Horizontal Arm Cmm,Saturn Horizontal Arm Cmm,Horizontal Cmm With Multi-Functional Automated Precision Inc. , https://www.apiasean.com