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Ailaaj, a Pakistani healthtech, secures $1.6 million seed

Ailaaj, Pakistan’s first full-stack digital healthcare platform, recently raised $1.6 million in seed funding.

The funding was led by JS Group, with the additional participation of investors such as Fazal Din Group, Leonine Tech Ventures, as well as private equity investors from East Asia.

Ailaaj was founded in 2020, and formed through the acquisition of the telehealth company AugmentCare and Sehat.com.pk, an online pharmacy. As a result, Ailaaj will be able to provide end-to-end healthcare services to prospective patients, from the provision of diagnoses by PMDC qualified doctors, to access to and delivery of medications, to consistent personalized patient care, all under one platform.

Hyder Mumtaz, the founder of Ailaaj, stated, “I moved back to Pakistan with the realization that the current system in the country creates an imbalanced relationship between patients and healthcare providers. There is a lot of confusion around how people can find the best care that they need. With Ailaaj, everything we build is centered around giving back control to our customers through highly personalized care services. An end-to-end solution that addresses all patient needs on one platform while connecting them to healthcare experts and the products they need for better care.”

Salaal Hasan, the Associate Director of JS Group, said regarding the investment, “investing in technology that fills an institutional void, where the customer maintains a long-term positive economic relationship with the product, platform or service are at the core of our belief. Following the acquisition and merger, as witnessed globally in comparative markets, we believe that Ailaaj shall be best placed to fulfill the void across the digital health value chain by using efficient technology.”

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