Back to the complete issue
Wednesday, 23 May 2018

Chefaa seeks EGP 5 mn in funding

Pharmacy locator Chefaa is looking to secure EGP 5 mn in funding, says CEO Doaa Aref. One of 10 startups that recently graduated from Flat6Labs’ tenth cycle, the company is hoping to expand its activity and reach 1.6 mn prescriptions per month. Only nine weeks into business, the app has already teamed up with 250 pharmacies, says Aref. The on-demand smart medicine system allows users to scan their prescriptions, locate the nearest pharmacy, order medicine online, and schedule for monthly packages in case of chronic diseases.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.