Egyptian Healthtech Startup Yodawy Secures $10 Million Boost from Ezdehar
Ezdehar investment fund has injected $10 million into Yodawy, a pioneering Egyptian health-tech platform.
This strategic investment, fueled by Ezdehar’s Mid-Cap Fund II, aligns with the firm’s mission to empower promising startups.
Founded in 2018, Yodawy has gained prominence with its health-tech platform.
Patients can access a comprehensive healthcare marketplace, order medication, connect with labs and insurance companies, and experience a streamlined healthcare journey.
“This investment is a game-changer for Yodawy,” says CEO Karim Khashaba.
“Ezdehar’s support will fuel our expansion, enhance prescription fulfillment capabilities, and solidify our position as a key player in Egypt’s digital health landscape.”
Yodawy boasts partnerships with 35 health insurance providers, 800 companies, 20 hospitals, and 3,000 pharmacies, serving both chronic and non-chronic conditions.
Ezdehar, backed by renowned institutions like the European Bank for Reconstruction and Development, recognizes Yodawy’s potential.
“They’ve identified a gap in the healthcare system and developed a model that benefits both patients and providers,” remarks Ezdehar General Manager Amir El-Sharqy.
Empower Africa Times Newsletter
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Kofa, a dynamic startup based in Ghana, has secured funding to revolutionize the energy sector with its pioneering Battery-as-a-Service (BaaS) model.
Egyptian fintech startup Flash has raised $6 million in seed funding to expand its product offerings and accelerate its growth in Egypt and beyond
Founded in 2021, Flash offers cashless payment solutions through its scan-and-pay service, allowing consumers and businesses to make transactions conveniently using QR codes
Amenli, an Egyptian insurtech startup, has raised $1 million in equity funding to fuel its growth.