CureBay has acquired the pharmacy distribution business of Saveo Healthtech. CureBay is backed by Bertelsmann India Investments, Elevar Equity and British International Investment.
Saveo’s pharmacy distribution business operates as a technology-enabled B2B pharma distribution company serving over 10,000 retail pharmacies across Karnataka, Telangana, Andhra Pradesh and Tamil Nadu, with operational hubs in Bengaluru and Hyderabad.
The acquisition brings into CureBay a pharma distribution network that includes physical hubs, procurement capabilities, digital ordering systems and a distribution team. It also includes operating playbooks, procurement relationships and distribution processes, supporting CureBay’s expansion into new geographies.
CureBay operates over 190 eClinics and serves more than 10 lakh patients across 15,000 villages. Its expansion follows a cluster-based model, with two circles across Odisha and neighbouring markets.
The combined model enables procurement, generics programmes, inventory visibility and fulfilment cycles. With demand planning and working capital management, CureBay aims to reduce stock-outs and improve availability across therapy categories.
Priyadarshi Mohapatra, Founder and CEO, CureBay, said, “Medicines are central to continuity of care. By acquiring Saveo’s pharmacy distribution business, we are strengthening our ability to ensure consistent and affordable access to medicines across the communities we serve. We see significant value in Saveo’s operating processes, procurement depth and experienced team. This integration accelerates our pharmacy roadmap, enables us to scale faster and improves customer satisfaction by reducing supply gaps and enhancing reliability.”
Saveo’s pharmacy partners will continue to operate within the integrated network, with access to sourcing capabilities and CureBay’s network. CureBay’s clinics and partner pharmacies will gain access to the distribution network.
As part of the integration, Amit Kumar will lead Pharmacy Technology at CureBay, while Deepak Tiwary will oversee Pharmacy Operations.
Amit Kumar, Co-Founder, Saveo, said, “Saveo has built a disciplined, technology-first distribution business designed to serve pharmacies efficiently. By becoming part of CureBay, our platform, processes and team will now support a broader healthcare network and help strengthen medicine access at scale.”
The acquisition forms part of CureBay’s plan to build an integrated healthcare model where consultations, diagnostics and pharmacy services operate together across regions in India.