Egypt's Vezeeta Moves Into Physical Care, Operating a Full Medical Building in Cairo
The digital health platform will manage and operate a medical building inside a new Cairo development, marking a shift toward bricks-and-mortar delivery amid a tough fundraising climate for healthtech.
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Vezeeta, Egypt's digital healthcare-booking platform, is moving into physical care delivery, agreeing to manage and operate a full medical building inside a new mixed-use development in Cairo. The step marks a notable pivot for a company best known for online doctor bookings.
The move comes as growth capital for cash-burning healthtechs has tightened; Vezeeta has not announced a major equity round in several years. The company has raised about $63 million to date, the most among Egypt's healthcare-IT startups.