Ilara Health makes common diagnostics accessible and affordable to the 500 million people in Africa who today struggle to access even basic blood tests. 70% of medical decisions require diagnostics such as blood tests but there are more than 500 million people in Africa who struggle to access basic diagnostics. But thanks to advances in robotics and AI, there are companies creating new diagnostics that are smaller, more affordable, and can work directly in the doctor’s office providing results in minutes.
Ilara Health partners with these companies and integrates their devices into its technology platform. It then distributes this bundle to peri-urban and rural doctors (where 70% of patients live) with financing. Ilara Health then charges doctors on a per-test basis and continues to help the doctor grow their revenue by providing new diagnostics and services.
Chandaria Capital has been much more than an investor to Ilara Health – they have been a partner from day one. The Chandaria team’s understanding of the Kenyan market (both healthcare and other industries), the strategic advice they have provided, and the high-value introductions to potential employees and advisors have been of immense value to Ilara Health. We’re lucky to have them as partners in our journey to fundamentally change the quality of primary healthcare in Kenya.
Co-Founders: Hannes Eckmayr, Emilian Popa, Amaan Banwait
Year Founded: 2018