Dealflow | June 22, 2020

Egypt’s Chefaa secures early funding for medicine delivery service

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, June 22 – Cario-based Chefaa launched its prescription drug marketplace in 2017 to help chronic-disease patients fill prescriptions and access items like menstrual and baby products. The women-led startup, whose name means “healing” in Arabic, directs customers’ prescription orders to nearby pharmacies for fulfillment and delivery to customers.

Chefaa has raised an undisclosed amount from return investor 500 Startups, as well as Vision Ventures and Womena.

Chefaa’s growth is part of the broader acceleration of Africa’s health tech in the COVID crisis (see, COVID pandemic gives Africa’s health tech startups a chance to shine”). “In the current environment, any startup that can improve people’s lives and assist in social distancing measures is doing a service to all of us,” said 500 Startups’ Hasan Haider.