BIDDANO: How They Are Simplifying the Healthcare Supply Chain with a B2B Platform

BIDDANO is a platform that connects and engages chemists and hospitals with distributors and manufacturers for hassle-free procurement of healthcare supplies. It offers features such as product discovery, order management, payment solutions, and logistics support. It serves various segments such as pharmaceuticals, OTC products, surgical equipment, and more with solutions that are easy to use, secure, and customizable. We will explore how BIDDANO is creating value for its customers and partners.

BIDDANO

Details of the startup:

  • CITY : Pune
  • STATE : Maharastra
  • STARTED IN : 2016
  • FOUNDERS : Ashok Yadav, Manish Gupta, Pavan Patil and Talha Shaikh
  • NUMBER OF INVESTORS : 11
  • LATEST ROUND INVESTMENT : ₹10.30M
  • TOTAL INVESTMENT : ₹255.30M
  •   TOTAL SECURED LOANS AVAILED : Nil

You can find their website here.

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About BIDDANO

BIDDANO was founded in 2016 by Ashok Yadav. He realized the need for a better way of integrating with banking APIs, which are often complex, inconsistent, and time-consuming. He decided to use his engineering skills and passion for fintech to create a platform that would simplify the entire integration process and enable businesses to focus on their core value proposition.

BIDDANO has developed a patent-pending technology that uses automation and standardization to provide plug and play APIs and SDKs for various banking services. It allows businesses to choose the desired modules, test them in a sandbox environment, and go live within a few days. It also provides a dashboard for businesses to monitor and manage their transactions and balances.

BIDDANO is a recognized startup by the Startup India Initiative by the DPIIT, Govt of India. It has a network of over 800 fintech businesses across India and abroad, including leading brands such as Dvara Money, Tramo, and more. It has processed over 200 million API transactions and over $3 billion annually.

BIDDANO aims to provide a hassle-free and cost-effective API banking experience to its customers. It allows them to access and leverage the best banking services and infrastructure without any dependency or lock-in. It also offers a warranty, maintenance, and customer support service.

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Their Features

BIDDANO offers a variety of features for different fintech scenarios and requirements. Some of their features are:

  • Payments: This is a feature that allows businesses to collect and disburse funds from individuals or businesses using various methods, such as UPI, virtual accounts, NEFT, IMPS, and more. It also supports recurring payments, escrow accounts, and ledgers.
  • KYC: This is a feature that allows businesses to verify the identity and address of their customers using various sources, such as Aadhaar, PAN, bank statements, and more. It also supports video KYC, e-sign, and e-mandate.
  • Lending: This is a feature that allows businesses to offer loans and credit to their customers using various products, such as personal loans, business loans, overdrafts, and more. It also supports credit scoring, underwriting, disbursal, and collection.
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Their Benefits

BIDDANO provides many benefits to its customers and partners, such as:

  • Time Savings: Customers can save up to 90% of the time compared to conventional banking integrations. They can also avoid the hassle of dealing with multiple banks and vendors for different services.
  • Cost Savings: Customers can save up to 90% of the cost compared to conventional banking integrations. They can also avoid the hassle of paying hefty fees and charges for different services.
  • Flexibility and Scalability: Customers can choose the banking services and modules that suit their business needs and budget. They can also switch or add new services and modules anytime without any penalty.
  • Data-Driven Decisions: Customers can access and analyze critical data and insights from their transactions and balances. They can also optimize their performance and growth using BIDDANO’s dashboard and reports.
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BIDDANO is a platform that is simplifying the healthcare supply chain with a B2B platform. It is helping chemists and hospitals to procure healthcare supplies faster and easier. It is also helping distributors and manufacturers to grow their sales, conversions, and retention. BIDDANO is truly a leader in the field of healthcare supply chain.

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