i'SUPPLY Connects Pharmacies with Distribution Companies

By : Adoni Conrad Quenum

Date : mercredi, 19 juin 2024 11:41

Set up by three tech entrepreneurs with over 25 years of experience combined, the solution aims to facilitate the distribution of pharmaceutical products. 

i'SUPPLY is an e-health solution developed by an Egyptian startup, enabling pharmacies to restock pharmaceutical products via its web and mobile platforms. Founded in 2021 by Ibrahim Emam, Moustafa Zaki, and Ramzy Mohamed, the Cairo-based company has quickly made a significant impact on the market.

On June 6, i'SUPPLY raised $2.5 million to support its expansion plans, improve financing capabilities for small and medium-sized pharmacies, and advance its fintech offerings. "Our sights are set even higher as we strive to obtain a license from the Egyptian Financial Regulatory Authority to meet the evolving financing needs of small and medium-sized pharmacies. Our unwavering commitment to meeting the escalating market demand for funding, addressing working capital shortages among pharmacies and small distributors, remains at the core of our mission," stated Ibrahim Emam.

The solution features a mobile application available on iOS, AppGallery, and Android, with over 10,000 downloads on the Play Store. After downloading, users create an account to access the startup's services. Through its digital marketplace, they can source pharmaceutical products from numerous distributors.

i'SUPPLY aims to resolve all supply chain issues in this segment. It provides users with tools for real-time market information and analysis. This includes a comprehensive view of product distribution, stock levels, commercial performance, supply chain efficiency, and market trends.

The Egyptian healthtech boasts over 10,000 pharmacies on its marketplace and more than 200 small and medium-sized distribution companies offering a portfolio of over 10,000 pharmaceutical products.

Adoni Conrad Quenum



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