Egyptian Health-Tech Startup Vezeeta Set to Expand Outside of the MENA Region
Looking to widen its scope of footprint, Vezeeta looks to operate in two huge markets in Africa and South East Asia.
After finding success in connecting its 4.5 million users with its 20,000 registered doctors in four MENA markets, Egyptian healthcare-booking startup, Vezeeta, is set to expand into Africa and South East Asia as of February, according to founder Amir Barsoum.
Launched in 2012, the Vezeeta app allows users to search for doctors by area and specialisation, then book appointments. The app also lets users rate and review doctors. Currently operating in Egypt, Saudi Arabia, Lebanon and Jordan, the app facilitates around 300,000 bookings per month.
“Globally, we can be operating as north and south as it gets,” says Barsoum about the expansion plans in an interview with The National, citing the two markets as being in need of the service offered by Vezeeta. “As long as there’s fragmentation in the healthcare market, that’s where we can add value to our consumers or patients.”
In the eight years since it was launched, the now Dubai-located startup has raised $22.6 million and is now looking for another rounding of funding to support its expansion plans, as well as research and development into new products.
Though Barsoum has not revealed exact figures, it’s believed that the startup’s revenue has tripled year-over-year between 2016 and 2019, with the founder claiming that it is valued at “well over $100 million.”
