Helium Health acquires Qatar’s Meddy in expansion play

by | Nov 11, 2021

Nigerian healthtech startup, Helium Health has announced its acquisition of Meddy, a doctor booking platform in Qatar. As part of the deal, Meddy’s CEO Haris Aghadi and COO Abed Alkarim Khattab will join Helium Health’s leadership team. In addition, Meddy will now be known as Helium Doc.

Partnerships between West African startups and Middle Eastern startups are rare. However, Adegoke Olubusi, Helium Health’s CEO reveals that the cultural similarity of the two teams was key in the deal. 

“Beyond the actual product and market opportunity, what made this possible was really the composition of the team, how well they executed the fact that they share a DNA and culture that’s very similar to ours,” he explains.

Founded by Olubusi, Dimeji Sofowora, and Tito Ovia, Helium Health provides a suite of services for its healthcare clients. These services include an electronic medical records solution, HeliumPay, a billing and payment solution, a collateral-free loan product, HeliumCredit, and  HeliumDoc.

Since its inception, the company has established a presence in six African countries helping over 5,000 health professionals to serve about 165,000 patients monthly. This year, Helium Health has already expanded to Kenya.

At the time of its Series A raise in 2020, it hinted at plans to expand into East and North Africa.

While it has not yet expanded into North Africa, its foray into the Middle East presents it with an opportunity to tap into Meddy’s reach in the region.

The startup has reportedly facilitated over 200,000 doctor appointments and helped healthcare providers generate approximately $130 million in billings.

Chimgozirim Nwokoma
Chimgozirim Nwokoma

Accidental writer, covering Africa’s startup landscape and its heroes.


Are you in tech and you are looking at getting a foreign remote job or you want to move abroad? Fill this form and you will get the BEST resources to help you get that high paying remote job as well as japa easily! WAGMI!

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Recent News

Kenya’s digital products for PwDs

Kenya’s digital products for PwDs

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses what Jumia’s partnership with CGAP could mean, and Kenya’s digital products for people with disabilities.

Reclaiming stolen African artefacts

Reclaiming stolen African artefacts

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses how Traction wants to stop fake alerts, Canza Finance’s journey, Esaal’s $1.7m seed round, and JABU’s $15m series A.

[PODCAST] Relooting African art with NFTs

[PODCAST] Relooting African art with NFTs

What do you think about an NFT project that wants to reclaim Africa’s lost artefacts? Well, the editorial team had some interesting thoughts, and you can listen to this and other stories on today’s episode of #TechpointAfricaPodcast.

$2 million to drive learning via WhatsApp 

$2 million to drive learning via WhatsApp 

On #TechpointDigest, we discuss how major players in the African mobility space can change the mobility narrative, FoondaMate’s $2 million funding, Twitter Create, and AMP’s $5.6 million seed round.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Blockchain Explorer

Analysis oninnovation, regulations, and trends inthe blockchain sector, as it concerns Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap