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Pakistan’s first women-led health-tech startup makes history

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Pakistani health-tech startup Sehat Kahani on Thursday revealed the successful closure of its Series A funding round, securing $2.7 million. The investment was led by Amaanah Circle, a Singapore-based health tech fund spearheaded by Dr. Razi Yousuf.

In addition to Amaanah Circle, key investors participating in the funding round included Epic Angels, a female-only investor collective, Cross Fund, USAID Investment Promotion Activity (IPA), Augmentor, Impact Investment Exchange (IIX), and the Elahi group, according to the official statement.

 

 

Co-founded by doctors Sara Saeed Khurram and Iffat Zafar Aga, Sehat Kahani boasts a technology platform facilitating virtual connections between doctors and patients within 60 seconds. The startup offers on-demand laboratory services, both at home and on-premises, as well as online medicine delivery, serving a diverse patient base nationwide, including B2B clients, B2C consumers, and underserved populations in rural areas.

Dr. Razi Yousaf, Managing Partner at Amaanah Circle, expressed enthusiasm, stating, “Sehat Kahani is an incredible health-tech story led by Dr. Sara Saeed Khurram and Dr. Iffat Zafar Aga. Amaanah Circle is delighted to become a small part of this incredible story.”

The startup claims a global network of over 7,500 healthcare professionals and has provided more than 2.6 million consultations to date, serving over 800 corporations and operating 62 e-health clinics nationwide. The new funding round aims to accelerate efforts in bridging healthcare gaps, empowering women in the medical profession, and expanding global impact.

The announcement comes against the backdrop of a challenging investment landscape for Pakistani startups. In the third quarter of 2023, investment in Pakistani startups saw a significant decline, dropping to $6.8 million, an 87.7% decrease compared to the same period last year, as reported by Data Darbar. The cumulative figure for the nine months stood at $35.1 million, representing an 89.4% decline compared to the previous year.

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