Egyptian Healthtech Chefaa Secures Undisclosed Venture Round

Chefaa, Egypt’s patient-centered pharmacy benefits platform, has announced raising a venture round from Newtown Partners and Global Brain and GMS Capital Partners. The undisclosed round is part of Chefaa’s journey to further expand its network, support the release of its Chefaa Prime product, a complete medical insurance alternative designed for emerging markets and launch officially in new markets. The venture round will also fund Chefaa’s efforts to digitize chronic illness management through a comprehensive approach to achieve measurable improvement in chronic patients’ quality of life. 

Chefaa is a female-led healthtech e-pharmacy platform that provides an end-to-end healthcare experience. The startup focuses on offering compliant, ethical, and patient-centric services to users through several services, including its main platform and App and other bespoke AI-driven solutions such as Chefaa Prime, a specially designed insurance alternative, a subscription-based service offering a seamless array of support to patients and medical customers from all walks of life and income levels.