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Monday, November 25, 2024

Pakistan's Healthwire scores $3.3mn in funding as startups end year on record high - Profit by Pakistan Today

Last updated Thursday, December 30, 2021 05:32 ET

Lahore-based Healthwire, a health-tech startup aspiring to tread the healthcare superapp road, has closed $3.3 million in Series-A funding.
Investors in Healthwire’s new round included Dilsons Private Limited, 47 Ventures, Habib Bank Limited and angel investors from Silicon Valley. Profit has seen internal documents which confirm that the amount raised was $3.3 million.
Founded by Hamza Iqbal and Muhammad Nabeel in 2014, Healthwire started off by providing software solutions, digitising the operations of doctors, clinics, hospitals, labs and pharmacies in Pakistan. It now plans to focus on end customers, providing them end-to-end healthcare service on its app.
“The platform is already connecting over 10,000 patients with doctors every single day. The startup intends to use the funding to further fuel its growth and become the healthcare super app of Pakistan,” reads a statement from the startup.
The fresh funds in this regard will be deployed towards expanding the network of doctors, labs and pharmacies, building the super app capacity and marketing to end patients.
In the health-tech space, Healthwire’s competitors include OlaDoc, Ailaaj and Marham to name a few, all of them having superapp ambitions.
On how Healthwire plans to compete, Hamza Iqbal, co-founder and CEO of Healthwire said: “Adoption has to happen faster to stay ahead of others. In our case, we have better access to hospitals, doctors and labs because of our digital solutions already deployed at hospitals,...



Read Full Story: https://profit.pakistantoday.com.pk/2021/12/30/pakistans-healthwire-scores-3-3mn-in-funding-as-startups-end-year-on-record-high/

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