Unleashing the power of working capital: Biddano's growth story with Klub

Unleashing the power of working capital: Biddano's growth story with Klub

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Fri May 10 2024

2 min read

Klub Team

Klub Team

From fin-tech & D2C, to entrepreneurship & investing, Kaleidoscope is Klub's take on the how's and why's of the finance, investment, & D2C worlds.

In a world where healthcare is often synonymous with complexity, Biddano emerges as a beacon of simplicity and accessibility. With a mission to bridge the gap between the needful and the needy, Biddano is revolutionising healthcare logistics, one step at a time.

Founded on the belief that everyone deserves access to quality healthcare, Biddano has pioneered innovative solutions to enhance the reach of distributors and streamline their operations. By harnessing the power of technology and analytics, Biddano ensures that essential medical supplies reach those who need them most, regardless of geographical barriers or logistical challenges.

From critical medications to remote healthcare services, Biddano is committed to mitigating every complexity in the journey towards better health and well-being. This commitment has not gone unnoticed, as evidenced by the early traction Biddano has gained, onboarding around 500 pharmacies in Pune alone.

However, Biddano's journey has not been without its challenges. In 2018, the company made the bold decision to pivot its business model, a move that would ultimately lead to greater opportunities for growth and impact by seeking debt financing. With the support of Klub, a leading provider of debt funding for startups, Biddano found debt funding and expertise needed to fuel its expansion. 

Talha Shaik, founder of Biddano, said “We are really looking forward for the long term partnership, the process was quite smooth. The technology interface they have makes the lives of our finance team much easier. I think it's best suited for early stage startups.They'll always be able to guide you in terms of your overall requirements. Grateful to be onboarded on Klub.” F

rom seamless integrations to personalised guidance, Klub proved to be the ideal financial partner for Biddano's journey, and other brands such as Furlenco, Monrow, Soulflower, etc.

Looking ahead, Biddano remains steadfast in its commitment to revolutionise healthcare logistics and improve access to essential medical supplies. With Klub by their side, Biddano is well-equipped to navigate the challenges ahead and continue making a meaningful difference in the lives of millions.

As we raise a glass to celebrate Biddano's journey, let us also raise our voices in support of their mission to break down barriers and build a healthier, more equitable world for all. Cheers to Biddano, and here's to a future where everyone has access to the care they need, when they need it most. Join the Klub today and be a part of the solution.

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