CureBay Expands Reach with Strategic Acquisition

CureBay has acquired Saveo Healthtech's pharmacy distribution business, enhancing its capacity to provide affordable medicine across its service areas. The acquisition strengthens its network, which currently includes over 190 eClinics serving more than 10 lakh patients in 15,000 villages.

CureBay announced a strategic acquisition on Wednesday, consolidating its position in the pharmacy distribution sector by acquiring Saveo Healthtech's business in this domain.

Saveo's robust distribution network services over 10,000 retail pharmacies across Karnataka, Telangana, Andhra Pradesh, and Tamil Nadu, with key facilities in Bengaluru and Hyderabad.

This move, according to CureBay's Founder and CEO Priyadarshi Mohapatra, aims to bolster consistent and affordable access to medicines for communities served by CureBay, supported by its extensive network of more than 190 eClinics.