The startup operates an AI-driven B2B pharmaceutical platform that enhances procurement and logistics through guided buying tools and data integration. By providing market insights and credit management, the platform enables pharmacies and distributors to lower procurement costs and improve inventory control.
Funding
$210K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Retail pharmacies often face challenges in procurement due to fragmented market data, limited access to real-time product availability, and difficulties in managing credit and payments across multiple distributors. This can lead to increased procurement costs, inefficient inventory management, and prescription bounce-backs.
Solution
Pillsbee is an AI-powered B2B pharma platform that streamlines procurement and logistics for retail pharmacies by integrating market data, supply chain strategies, and financial services into a single platform. The platform provides a marketplace ecosystem connecting pharmacies with distributors and manufacturers, offering real-time product availability, pricing, and scheme information. Pillsbee's AI-driven guided buying functionality helps pharmacies optimize procurement based on best deals, delivery times, and credit/cash options. The platform also offers trackable logistics, payment solutions, and credit line facilities, aiming to reduce procurement costs and improve inventory control for pharmacies while providing distributors with an omnichannel marketing platform and streamlined order management.
Target Audience
The primary target audience includes retail pharmacies seeking to streamline their procurement processes, reduce costs, and improve inventory management, as well as pharmaceutical distributors aiming to expand their market reach and enhance customer engagement.
Features
- AI-powered guided buying suggestions based on market data, product availability, and pricing schemes
- Real-time product availability and pricing information from multiple distributors
- 24x7 online order placement via web and mobile platforms (Android and iOS)
- Integration with existing ERP systems for automated billing and order management
- Trackable delivery services for orders placed through the platform
- Credit line facilities and payment gateway integration for seamless transactions
- Distributor dashboard for order tracking, campaign management, and payment monitoring
- Pharma SaaS solutions to optimize operations in the digital era