JCSS Law acts on Empower India Fund investment in Biddano

JCSS Law advised and assisted Empower India Fund on its investment in Biddano Private Limited.

JCSS Law's transaction team consisted of Radhika Subhash (Lead Partner), Payal Sarda (Senior Associate), Anmol Deshmukh (Associate) and Brishti Chakravarty (Associate).

Biddano Private Limited is engaged in the business of creating a tech-enabled marketplace to support all kinds of pharmacies for procurement, warehousing, distribution, and allied activities for consumables by healthcare players like hospitals, pharmacies, clinics, doctors, etc.

Founded in 2016 by Talha Shaikh, Ashok Yadav, and Sheetal Yadav, the company offers a cloud-based solution connecting pharmacies and hospitals with various distributors, enhancing order placement and tracking efficiency.

Biddano has secured funding from investors such as Windrose Capital, NextBillion, and Venture Catalysts,

The Empower India Fund (EIF) is a venture capital fund managed by Canbank Venture Capital Fund Ltd.

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