Lahore-based healthtech startup InstaCare has raised ~$140,000 (PKR 22 million) investment from Khaleef Technologies, a Pakistani technology company, the startup announced in a statement to MENAbytes.
Founded in 2018 by Bilal Amjad, Ayesha Siddiq, and Ahmad Amjad, InstaCare’s web and mobile-based healthtech platform allows users to book appointments with doctors and labs (for different tests) and order medicines. The platform also allows users to save and access their medical records whenever needed.
Ayesha Siddiq, the co-founder and Chief Operating Officer of InstaCare, in a conversation with MENAbytes, said that they have over 20,000 doctors on the platform. She also said that they are delivering prescription medicines all over Pakistan. We could not confirm if they’re doing this by partnering with pharmacies.
In addition to these services, InstaCare also sells subscription-based practice management software to doctors, medical centers, hospitals (and even gyms) across Pakistan.
There are multiple players operating in this space in Pakistan already. Oladoc, for example, specializes in doctor bookings and has raised over a million dollar in funding. Healthwire, another Pakistani startup sells practice management software.
Ayesha, commenting on the competition, said that they’re working to digitize the entire health ecosystem and that’s what makes them different, “We are striving to make our healthcare ecosystem efficient, reliable and accessible. Services like booking appointments, lab tests, and medicines are just a few components of InstaCare.”
Bilal Amjad, co-founder and CEO of InstaCare, in a statement, said, “We are motivated and excited about the investment made by Khaleef Technologies. It will definitely play a vital role in making our healthcare ecosystem more accessible, affordable and reliable.”
Ahmed Hanif, CEO of Khaleef Technologies, said, “We see a bright future for Instacare and believe that electronically enabled healthcare is going mainstream while touching the lives of millions of people globally.”
The startup said that the investment will enable it to spread its reach across major cities of the country and provide access to quality healthcare “while disrupting the conventional healthcare system through intelligent automation.”