Pakistan’s Health-Tech startup Healthwire raises USD 3.3 million in funding

Healthwire, a HealthTech startup and operator of one of the largest horizontally integrated ecosystem of healthcare service providers in Pakistan, raised USD 3.3 million in the latest funding round from 47 Ventures and others on 29 December 2021.

Investors: The latest round drew participation from 47 Ventures, Habib Bank Limited, Dilsons Private Limited and many prominent angel investors from Silicon Valley.

The Objectives behind the funding: The company plans to deploy the current proceeds to further fuel its growth and become Pakistan’s healthcare super application.

About Healthwire

Founded in 2015 by a LUMS graduate, Hamza Iqbal, Healthwire is a digital healthcare platform that helps patients to connect with doctors. Its platform helps to seek medical help from doctors anywhere and anytime. It enables hospitals and doctors to digitize healthcare and make the healthcare ecosystem efficient.

What the Founder has to say:

In a statement, co-founder and CTO of Healthwire, Muhammad Nabeel, said, “The patient-doctor interaction is the point where the whole healthcare ecosystem converges. By having this interaction on our health-tech platform, we can ensure that quality healthcare is accessible to patients in the remotest areas of the country. The economies of scale of the tech platform allow us to ensure that this access is affordable and inclusive.”

What the Investors have to say:

Khurram Zafar, Managing Director of 47 Ventures, said, “We are excited to be doubling down on one of the stars in our portfolio. The growth and momentum that Healthwire has built even during the tough COVID period is a testament to the strength and resilience of the team. It is destined to become the health tech leader of Pakistan.”

Sagheer Mufti, COO at HBL, commenting on the occasion, said: “HBL is excited to invest in Healthwire, as it is an integrated healthcare digital platform. It will ease the customer journey and improve the quality of healthcare, particularly multiple healthcare providers. Through provision of embedded banking services to providers like hospitals, clinics, labs, health insurance providers, and pharmacies will be able to serve patients more effectively. HBL and Healthwire partnership seeks to expand access to quality and convenient healthcare in Pakistan. With the Healthwire investment. and collaboration, digital financial inclusion will be widened, reaffirming HBL’s commitment to be a technology company with a banking license.”

Hassan Sheikh, Director at Dilsons Private Limited, while commenting on their investment in Healthwire, said: “Dilsons strategy to invest in Digital Healthcare fits well with integrated solution provider Healthwire. This gives us an opportunity to be part of the Digital Health ecosystem, which will shape the future of health tech. This partnership will enable us to be a part of Pakistan’s leading digital healthcare platform for disease management with strong capabilities and eventually leading to better healthcare outcomes for patients.”

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