Serviots joins forces with Satu PharmTech as a Technology Partner

AHMEDABAD, India - March 1, 2025 - PRLog -- Ahmedabad, India:Serviots has bagged a new client, Satu PharmTech, and will handle and deploy the complete IT infrastructure for them.

With Africa's pharmaceutical market growing rapidly and expected to generate US$13.66bn by 2025 at a CAGR of 4.64% (2025-2029), the demand for affordable healthcare is rising. African governments are actively encouraging foreign investments with business-friendly policies.

Yash Nebhwani, CTO & Founder of Serviots, expressed excitement about the partnership:
"This collaboration will drive digital transformation across Africa's pharmaceutical sector. With technology spending forecasted to grow at a healthy 10% CAGR, Africa presents a major opportunity."

Roshni Bhambani, CEO of Serviots, added:
"This is Africa's moment on the global stage. As education, infrastructure, and healthcare improve, more business opportunities will emerge."

Trusha Gandhi, Co-Founder of Satu PharmTech, emphasized the booming demand for generics and specialty medicines, growing at 15-20% annually due to Africa's population growth. She also noted that nearly 65% of major African countries are shifting towards local pharmaceutical manufacturing — a favorable move for Indian companies aiming for global expansion and higher returns.

Akshat Gandhi, Co-Founder of Satu PharmTech, highlighted:
"Indian non-pharma companies have built strong distribution networks in Africa. Indian firms outperform Chinese counterparts by 10% in innovation and achieve 20% higher market penetration. This playbook can work well for pharma companies too."

Saurabh Nayak, Director of Operations at Satu PharmTech, pointed out Africa's positive economic outlook:
"With North Africa's healthcare spending growing at 15% CAGR and disposable incomes rising over 10% annually, the environment is ideal for long-term pharma investments. Indian companies also enjoy better brand equity and cost-effectiveness, giving them a competitive edge."

About Serviots

Serviots is a technology-driven software development company with expertise in building scalable IT solutions for global clients. Serviots specializes in digital transformation, helping businesses enhance operational efficiency and innovate faster.

Website: www.serviots.com

About Satu PharmTech

Satu PharmTech assists global pharmaceutical companies in entering and expanding within the African market. The company provides market strategy consulting and helps businesses build extensive distribution networks across the continent.

Website: www.satupharmtech.com

Malhar Deshmukh
Manager - Marketing
malhar@serviots.com
Mobile :- 9101215691