Pillsbee

Pillsbee provides a cloud and AI-based supply chain management tool for the pharmacy sector. It operates as a B2B pharmaceutical platform designed to streamline procurement, logistics, and data integration for pharmacy operations. The company was founded in 2018 by Abhijith E M and Mohamed Risvan V and is based in Kozhikode, India.

The platform's primary function is to serve as a marketplace for the procurement of pharmaceutical products, connecting retail pharmacies with distributors and manufacturers. Key features include AI-driven guided buying tools that allow pharmacies to optimize procurement based on the best deals, lowest cost, and delivery time. The software also offers functionalities for inventory management, market data analysis, logistics tracking, payment management, and credit management services. Clients, which include pharmacies and distributors, use the platform to reduce procurement costs, manage orders, and improve inventory control through access to market data and insights.

Pillsbee's business model is centered on its marketplace platform, likely generating revenue through commissions on transactions. The company has received a total of $184K in seed funding. Its latest funding round was on February 3, 2024, led by The Indus Entrepreneurs, with other investors including Kerala Startup Mission.

Keywords: pharmaceutical procurement, pharmacy supply chain, B2B marketplace, pharma logistics, inventory management, AI-guided buying, market data analysis, pharmaceutical distribution, retail pharmacy software, order management, payment management, credit management, healthcare technology, Indian startup