How much funding has Localwell raised?

Localwell has raised $615K in total funding, most recently a Seed round.

Who are Localwell's investors?

Localwell's investors include Titan Capital, STRIVE, Astir Ventures.

Where is Localwell headquartered?

Localwell is headquartered in Bangalore, India.

What industry is Localwell in?

Localwell operates in Healthcare, SaaS.

Localwell

India's top-rated retail pharmacy software

Bangalore, India · Founded 2019 · $615K raised

Healthcare

SaaS

Headquarters: Bangalore
Employees: 11–50
Founded: 2019
Business Model: B2B

Website: localwell.in
Total Funding: $615K
Last Round: $615K SeedJun 2022
Rounds: 1

About

Localwell is an early-stage SaaS startup founded by IIT and IIM alumni that empowers pharmaceutical supply chain stakeholders with modern technology and evidence-backed data. The platform provides retail pharmacy software including pharmacy management, delivery management, inventory management, and billing tools for independent pharmacy retailers across India. Since launching its MVP in May 2020, Localwell has achieved over 2,000 app downloads with 700+ pharmacy businesses across 26+ Indian states using the platform daily. The company targets the 1.5 million+ pharmacy businesses in India (growing at 12% CAGR) and has raised $615K in seed funding from investors including Titan Capital and STRIVE.

Summary

Localwell is a Healthcare company based in Bangalore, India, founded in 2019. It has raised $615K in total across 1 round, most recently a $615K Seed round in Jun 2022. Investors include Titan Capital, STRIVE and Astir Ventures.