Cairo-based e-health startup, Estshara has raised $500,000 in a Seed fund round. The startup which runs a teleconsultation service secured the fund from Egypt Ventures and this has added it to the list of healthcare platforms in Egypt’s emerging market. The idea of the e-health startup developed years ago, from a love for telecommunication and primarily saving people’s lives.
Estshara, a Cairo-based eHealth startup has raised $500,000 in seed fund round. The startup operates a teleconsultation service and it secured funds from Egypt Ventures and it has become one of the emerging healthcare platforms in Egypt. The love for technology and saving people’s lives bring about the idea of the establishment of the e-health startup.
A statement from the websites reads that “we collaborated our efforts to develop something that is a mix of both our passions and from there we decided to develop a platform that can assist in connecting doctors to patients, to expand and serve more people in more places and we are trying our best to always improve and upgrade our efforts.”
Estshara aims to invest newly raised funds to increase its current users from 2 million to 6 million and also to provide more customers care services.
Dr. Amin Elhemaily, the Founder and CEO of the company stated that “The investment will assist us in scaling our organization with the best talents and improved resources, and to help increase our sales and marketing outreach to support our focused go to market strategy and achieve our organizational goals.”
The Chairman & CEO Ahmed Gomaa, also commented “We are glad to see Estshara, a promising health tech player contributing to digital transformation and financial inclusion in the Egyptian market. By the end of 2021, the company will additionally be providing consultations from specialty doctors including dermatologists, pediatricians.”
About Estshara
Estshara is an online platform established in 2018 by Amin El Hemaily and Ahmed Mahmoud to offer health consultations and telepharmacy services to many customers which include medical insurance companies and employees of private firms. The company also proves to be extremely helpful to patients since the start of the pandemic, as the reference and demand for remote digital solutions have grown.
Estshara’s vision is to strive to become a leading healthcare consultation platform in the MENA region.
Estshara currently serves 2 million customers and has attained more than 200,000 consultations, is well on its way to make its name prominent in the healthcare business.
