🇵🇰 Healthtech firm lands $3.3m to fuel super-app ambition

Pakistan-based Healthwire, which offers an integrated ecosystem of healthcare service providers in the country, has raised US$3.3 million in a new financing round.

The fresh round saw participation from 47 Ventures, Habib Bank, Dilsons, and angel investors from Silicon Valley.

The Healthwire team / Photo credit: Healthwire

Healthwire focuses on digitalizing the operations of doctors, clinics, hospitals, labs, and pharmacies in Pakistan. The company said it operate the largest platform of health care service providers, spread across over 60 cities.

The company said it aims to become the “healthcare super app” in Pakistan using the new funds. Currently, it connects over 10,000 patients with doctors every day.

The fresh capital raise comes amid a surge in healthtech services in Pakistan, where the market poised to hit over US$175 billion by 2026.

Healthwire was founded in 2015 by Hamza Iqbal, who is also a council member at the National Incubation Center in Lahore, and Muhammad Nabeel, who previously worked as a senior product engineer at Ilaaj Technologies.

“The patient-doctor interaction is the point where the whole healthcare ecosystem converges,” said Nabeel. “By having this interaction on our healthtech platform, we can ensure that quality healthcare is accessible to patients in the remotest areas of the country.”

Riding the wave of increasing investor interest in healthtech, similar companies – including Sehat Kahani, Marham, and Maya – have raised funds over the past year.

See also: How Indonesia’s healthtech startups aim to democratize access to healthcare