Islamic Finance

Pakistan's Sehat Kahani raises $1 million Pre-Series A to grow its telemedicine network

Published 15 Mar,2021 via MENAbytes - Karachi-headquartered telemedicine startup Sehat Kahani has raised $1 million in a Pre-Series A round, it announced today.

The investment came from Islamic Development Bank, 10Pearls Ventures, Mentors Fund, Singapore-based Korean Impact Fund, and Impact Investment Exchange. KASB Securities, Din Group, and some angels also joined the round

Founded in 2017 by two female doctors, Sara Saeed Khurram and Iffat Zafar Aga, Sehat Kahani had started as a network to connect home-based female doctors to patients through telemedicine-enabled brick and mortar health clinics.

The idea was to use a large number of female doctors who due to family commitments are unable to practice medicine at a hospital or clinic and connect them with patients in underserved communities through a network of nurse-assisted health clinics.

The startup has since evolved into a telemedicine platform offering on-demand health services to patients across the country (and beyond) through web and mobile apps, as well as its network of offline clinics, through its 5,000 female doctors. It claims to have offered over 350,000 consultations since its launch.

In addition to serving patients directly, Sehat Kahani also works with corporate clients who offer its on-demand health services to their employees (and their families). Its clients include companies from the banking, insurance, telecom, media, pharmaceutical, and FMCS sector.

In a statement, Dr. Sara Saeed Khurram, the co-founder and CEO of Sehat Kahani said that the startup has grown by 425 percent in the last 12 months, “The trust by investors has further reflected the massive success of Sehat Kahani. We are also proud of our government partnerships during covid-19 that helped people get access to online doctors for their day-to-day ailments as well as our coverage for otherwise compromised ICUs in Pakistan.”

Dr. Iffat Zafar, the co-founder and COO of Sehat Kahani, said, “We are absolutely grateful to all the investors for trusting Sehat Kahani and becoming a part of our journey. After successful engagement with corporates, we are excited to replicate our existing successful business model towards another challenging territory of
taking the solution to the mass consumer retail market in 2021 and beyond.”

Sehat Kahani’s competition in Pakistan includes DoctHers, a similar startup that Sara Saeed Khurram had co-founded in 2013 (and left in 2017), AugmentCare, and doctor booking platforms like Oladoc and Marham that have expanded into telemedicine.

Zeeshan Aftab, the co-founder of 10 Pearls, said, “We are living through a historic global health crisis where supporting unique and promising healthcare solutions is critical. 10Pearls Ventures is proud to be an early investor in Sehat Kahani, backing the mission to provide quality healthcare virtually and through nurse-assisted clinics. Sehat Kahani has revolutionized telemedicine in Pakistan and we are thrilled to be their partner in this journey.”

Sehat Kahani Plans to use the investment to further enhance its technology and services.

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