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Digital transformation has been the talk of every town the world over, namely in healthtech. Introducing tech-enabled solutions to the cob-webbed, intricate medical processes such as insurance, prescriptions and booking consultations, all in a COVID-stricken world, is now not just a luxury, but almost a necessity.

STARTUP WATCH- Egypt’s Yodawy raises USD 1 mn in Algebra-led series A funding round: Yodawy, Egypt’s largest online digital pharmacy benefits platform, has raised USD 1 mn in a series A funding round led by our friends at Algebra Ventures and CVentures (a wholly-owned subsidiary of CIB), with the participation of angel investor firm ASI Ventures

Egypt-based online pharmacy Yodawy, has raised $1 million in its Series A round led by Egypt’s Algebra Ventures and CVentures, with participation from ASI Ventures, an angel investor firm.

Egyptian medication ordering and pharmacy benefits platform Yodawy has raised US$1 million in Series A funding in order to accelerate its already impressive growth.