Alta Semper has invested $20 million in Kenya's MYDAWA, aiming to enhance access to affordable primary healthcare services across Africa.
Information on the Target
Alta Semper, a global private equity firm, has recently announced a substantial investment of $20 million in MYDAWA, a pioneering primary healthcare platform based in Kenya. Established in 2016, MYDAWA aims to revolutionize healthcare access by integrating exceptional primary care with advanced digital tools. The platform delivers affordable and safe medical services and products to consumers across the region. MYDAWA has transformed into a fully regulated one-stop healthcare solution, offering a wide array of services, including consultations, tests, referrals, and a dedicated help desk. This seamless service delivery has greatly resonated with consumers, largely due to MYDAWA's commitment to employing in-house logistics operations to ensure high-quality service.
Industry Overview in Kenya
The healthcare industry in Kenya has seen significant transformations over recent years, largely driven by the need for improved access to quality health services. The country faces numerous health challenges, including a high burden of infectious diseases, a growing prevalence of non-communicable diseases, and increasing demand for affordable healthcare solutions. In response, the government and various stakeholders are working aggressively to bolster the healthcare infrastructure and enhance service delivery.
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With a population exceeding 50 million, Kenya presents a burgeoning market for healthcare innovations. Digitization in healthcare has taken center stage, enabling telemedicine, online consultations, and the use of heal
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Alta Semper
invested in
MYDAWA
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $20M