Saveo Healthtech today announced that it ranked Number 2 on the Deloitte Technology Fast 50 India 2022, in the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. Saveo Healthtech grew 2,942% during this period.
Saveo Healthtech’s CEO, Vivek Jaiswal, credits the growing healthcare ecosystem and evolving technological innovation with the company’s [2,942 %] revenue growth over the past three years. He said, “We have always worked towards putting our best foot forward to make healthcare more patient-centric and ensure that no prescription goes bounced. We are delighted that our efforts have been recognised and have made it to this prestigious list. Saveo plans to further expand its footprints across states.”
“Making to the Deloitte Technology Fast 50 list is commendable in today’s highly competitive, fast-changing technology industry, and especially in the challenging year of 2022 which has forced us to pivot, transform and fast track digitisation,” said Rajiv Sundar, Partner and Program Director – Technology Fast 50 India 2022, Deloitte Touche Tohmatsu India LLP. “We congratulate Saveo Healthtech on being one of the 50 fastest growing technology companies in India.”
Deloitte Technology Fast 50 India program selection and qualifications:
The Deloitte Technology Fast 50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognising the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware.
The program recognises the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.
Founded in 2019, Saveo is a B2B managed marketplace for pharmacies that is on a mission to build a strong healthcare ecosystem in India by empowering the traditional pharmacies by building a reliable, scalable and efficient healthcare supply chain. Offering the highest fill rate in India, Saveo is also working towards converting quality suppliers into dark stores and running a vertically integrated full-stack managed marketplace model to provide better, faster & cheaper procurement to pharmacies across India.
Currently present in Karnataka (covering 70% pincodes), Telangana (covering 35% pin codes including Hyderabad) as well as Tamil Nadu (covering 20% pin codes including Coimbatore), Saveo has over 100000 active outlets and are on the path to become the largest player in the category.
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