Chefaa – An Egyptian on-demand medicine delivery start-up raised an undisclosed amount of pre-Series A funding round recently. The funds will help in expansion of its team and to launch a B2B service.
Although the amount has been kept a secret, Chefaa did reveal that it was a seven-figure dollar investment. According to Crunchbase, Chefaa has previously raised USD 304,000 across two previous rounds. Its investors are Vision Ventures, 500 Startups, Womena and a number of other investors.
Cheffa was founded in May 29, 2017 by Doaa Aref and Rasha Rady. It helps patients make timely medicine orders to tackle challenges with accessing medication in the region. The start-up aims to provide basic medicines and personal care products to everyone in the region in an efficient manner.
The app is pretty easy to use. Users can locate medicine using real-time search engine, make orders and schedule deliveries with a GPS. It has a CSR platform that matches donations with low-income patients. Chefaa’s healing medical blog is very informative with articles on Vitamins and Supplements, Medicines, personal care etc.
Hasan Haider, the managing Partner of 500 Startups MENA said, “In the current environment any start-up that can improve people’s lives and assist in social distancing measures is performing a service to everyone.”
Chefaa is merging e-commerce with the pharmaceutical industry. It strives to positioning itself to lead the digital transformation of the industry while being primarily focused on scaling efficiently and sustainably.