Company founded by 4 IIT graduates will use money to expand its presence and for improving technology. : Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, has raised $4.5 million in a venture round co-led by Matrix Partners, Gunosy Capital and 4point0 Health Ventures. The round saw participation by existing investors LC Nueva, Jetty Ventures, Ocgrow Ventures, Capier Investments, RTP Global, India Quotient, and Incubate Fund. The company plans to use the money to expand its presence by establishing new hubs and improving technology.