MyDawa eyes regional expansion after raising Sh2.8 billion

MyDawa eyes regional expansion after raising Sh2.8 billion
Newly appointed MyDawa Country Director Priscilla Muhiu/COURTESY

NAIROBI, Kenya, July 6 – Kenya’s e-health startup will expand to regional countries after raising Sh2.8 billion from international investors.

The latest funding round came from private equity investors Alta Semper Capital and will also be pumped into product offerings.

“MyDawa now has both a solid secure base and a great expansion opportunity based on a great offering which improves health outcomes. Guardian is a great first step on fulfilling our ambition,” MyDawa co-founder Neil O’Leary told TechCrunch, an American online news platform that focuses on tech and startups.

Launched in 2016, the startup offers laboratory services, consultations, and walk-in pharmacies, among others.

Already, the firm has acquired Uganda’s Guardian Health as it aims to expand its footprint within the East African region.

The expansion and investment work will be led by the newly appointed Priscilla Muhiu as its Country Director.

Muhiu joined from Glovo Kenya where she was serving as General Manager.