Investment Summary

Investment Funds for Health in Africa Invests In CarePay

On June 1, 2015, growth capital firm Investment Funds for Health in Africa invested in internet software and services company CarePay

Investment Highlights
  • This is Investment Funds for Health in Africa’s 1st transaction in the Internet Software and Services sector.
  • This is Investment Funds for Health in Africa’s 2nd transaction in Kenya.

Investment Summary

Date 2015-06-01
Target CarePay
Sector Internet Software and Services
Investor(s) Investment Funds for Health in Africa
Deal Type Venture

Target

CarePay

Nairobi, Kenya
CarePay is a provider of administers conditional healthcare payments between funders, patients and healthcare. CarePay is based in Nairobi, Kenya.

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Investor(S) 1

DESCRIPTION

Investment Funds for Health in Africa (IFHA) is a private equity firm focused on providing capital to small and mid-sized private healthcare companies throughout Africa. Specific areas of interest include healthcare products, pharmaceuticals, healthcare product distributors, and health insurance. IFHA is based in Amsterdam, the Netherlands.


DEAL STATS #
Overall 4 of 8
Sector (Internet Software and Services) 1 of 1
Type (Venture) 2 of 2
Country (Kenya) 2 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-31 Trivitron Healthcare

Chennai, India

Trivitron Healthcare is a wholesale distributor and after-sales support provider of medical equipment and devices. Its areas of strategic focus include imaging, lab diagnostics, cardiology and critical care equipment. Trivitron Healthcare was founded in 1997 and is based in Chennai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-07 Hygeia Nigeria

Lagos, Nigeria

Hygeia Nigeria is a provider of integrated healthcare delivery system which focuses on capacity building for healthcare professionals. Hygeia Nigeria was founded in 1984 and is based in Lagos, Nigeria.

Sell -