5 years ago
BIMA Secures €25.3 Million to Expand Digital Health Services in Emerging Markets
BIMA, a leading provider of digital health and insurtech services in emerging markets, has secured €25.3 million in further investment
The investment was led by CreditEase Fintech Investment Fund (CEFIF), with existing shareholders LeapFrog Investments and Allianz also participating
The new capital will allow BIMA to expand its product offering, scale its capabilities, and deepen its footprint in Asia and Africa
BIMA has delivered two million tele-doctor consultations since its founding in 2010 and provides a unique set of integrated health services, including health programmes for managing chronic illnesses, discounts at pharmacies, and drug delivery
The company's innovative health wallet for funding medication-based expenses has also been extended to masks and hand sanitisers during the pandemic.
ProblemHealthcare
"Millions of people in emerging markets lack access to affordable and convenient healthcare services. Traditional healthcare systems are often expensive, inaccessible, and unreliable, leaving many vulnerable to health risks and financial hardship."
Solution
"BIMA provides a digital platform that offers affordable health insurance and telemedicine services to underserved populations in emerging markets. Their platform allows users to access a range of services, including tele-doctor consultations, health programs for managing chronic illnesses, discounts at pharmacies, and medication-based expense funding. This empowers individuals to take control of their health and financial well-being."