Ezdehar investment fund has invested $10 million into Yodawy, a leading health-tech platform in Egypt. This significant investment, powered by Ezdehar’s Mid-Cap Fund II, resonates with the firm’s mission to bolster prospective startups.
Established in 2018, Yodawy has made a name for itself with its comprehensive healthcare platform. It offers patients a complete healthcare marketplace where they can order medication, link with labs and insurance companies, and streamline their healthcare experience.
CEO Karim Khashaba considers the investment a turning point for Yodawy, adding that Ezdehar’s support will propel their expansion, enhance prescription fulfillment capabilities, and cement their role as a key figure in Egypt’s digital health sector.
Yodawy now collaborates with 35 health insurance providers, 800 companies, 20 hospitals, and 3,000 pharmacies, catering to both chronic and non-chronic conditions. Ezdehar, which is backed by esteemed organizations like the European Bank for Reconstruction and Development, acknowledges Yodawy’s potential.
Amir El-Sharqy, the General Manager of Ezdehar, compliments Yodawy, stating they have identified and filled a gap in the healthcare system with a model that benefits both patients and providers.
