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Indian startup raises $2.25m to combat pharma counterfeiting

AltiusHub, an Indian startup focusing on improving supply chain visibility in pharma manufacturing, raised US$2.25 million in seed funding led by India’s Endiya Partners, according to a statement on Wednesday.

The funds will be used to strengthen the engineering team and recruit more talent.

Founded in 2023 by Siddharth Reddy and Abiram Vijaykumar, AltiusHub’s leadership has extensive experience in pharmaceuticals and supply chain management.

AltiusHub’s tracking system identifies patterns and anomalies indicating counterfeiting, providing real-time visibility and notifications about irregularities in the pharma supply chain.

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