Ghanaian digital health startup BIMA has secured a new round of investment from AAIC Investment. The investment amount was undisclosed.
Driving The News
The new investment will be used for BIMA’s continued growth within its existing markets and to facilitate the company’s further expansion across Africa.
Zoom Out
As Ghana’s first licensed telemedicine provider, BIMA has broadened its reach beyond its home country, establishing a presence in Tanzania, Pakistan, Bangladesh, Sri Lanka, and Cambodia, and currently boasts over 6 million active users.
BIMA is recognized for providing affordable health insurance and digital health services, specifically catering to the low-income and underserved demographics in emerging markets.
What They’re Saying
“We are grateful to have AAIC join us on this journey. Their expertise in health tech will be an asset as we continue to expand our healthcare ecosystem and make insurance more affordable for people in emerging markets,” said Gustaf Agartson, founder and CEO of BIMA.
“African healthcare faces numerous challenges, primarily due to limited access to health insurance. Although governments are promoting universal health coverage, this requires substantial budgeting and time. The private sector should play a role, but traditional solutions often remain inaccessible to most people. BIMA addresses this issue by leveraging telemedicine and partnering with mobile money services. We are confident that BIMA’s growth will significantly improve healthcare in Africa,” said Hiroki Ishida, director of AAIC (Kenya).
Source: Innovation Village
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