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Egypt-based medtech startup iSUPPLY has secured $3 million in Sharia-compliant revenue-based financing from Bokra to enhance access to medical supplies, particularly in underserved communities. This investment combines ethical finance with scalable medtech infrastructure, allowing iSUPPLY to grow without diluting ownership. Founded in 2022, iSUPPLY leverages AI-driven procurement tools to streamline the fragmented pharmaceutical supply chain in Egypt.
iSUPPLY, founded in 2022, is revolutionizing Egypt's pharmaceutical supply chain with AI-driven tools, enhancing procurement and distribution for healthcare providers. Backed by Bokra's revenue-based financing, the startup aims to digitize the $6 billion sector while adhering to Islamic finance principles. This partnership exemplifies the potential of ethical finance to drive growth in essential industries.
Egypt's iSUPPLY has secured $3 million in Sharia-compliant revenue-based financing from Bokra to enhance its medtech platform, aimed at improving access to medical supplies in underserved communities. Founded in 2022, iSUPPLY utilizes AI-driven tools to optimize the fragmented pharmaceutical supply chain, enabling pharmacies and healthcare institutions to streamline operations. This investment underscores the potential of ethical finance to drive growth in essential sectors while maintaining alignment with Islamic financial principles.
Ayman Elsawy
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