Pakistan-based healthtech firm Sehat Kahani lands $1m in pre-series A round

Pakistan-based healthtech firm Sehat Kahani announced it has raised US$1 million in its pre-series A round from investors including the Islamic Development bank, 10Pearls Ventures, Mentors Fund, Korean Impact Collective Funds, and Impact Investment Exchange.

The Sehat Kahani team/ Photo credit: Sehat Kahani

The round also saw participation from the Pakistan-based KASB Group of Companies and Din Group, along with other angel investors.

Sehat Kahani was launched in 2017 as a chain of telemedicine-enabled e-health clinics in underserved communities. Since then, its platform has been used by banks, insurance companies, telecom firms, media houses, pharmaceuticals, and fast-moving consumer goods companies. The firm also serves patients in far-flung areas through small nurse-assisted e-health clinics.

Funds raised from the financing round will be used to develop the company’s technology and service to improve its overall patient experience. Sehat Kahani claims it has witnessed a 5x growth in its business in the last 12 months, with 5,000 doctors and over 350,000 consultations on its platform.

According to the company, Pakistan has recently seen a sudden rise in the adoption of telemedicine-based initiatives to help with a prevalent doctor-patient gap in the country. Sehat Kahani is set to capitalize on the growing need for healthtech services as patients take precautions to stay at home to protect themselves from the Covid-19 virus.