A Kenya-based healthtech company focused on improving healthcare delivery in primary care clinics.
Condia Insider: Why African healthtech is struggling
Ilara Health in Kenya has laid off staff after restructuring despite securing a $4.2 million funding round. Medsaf in Nigeria has shut down due to struggles with fundraising and unpaid invoices.
Condia Insider: Ilara Health is on life support
Ilara Health is downsizing its operations as funding reversals impact cash flow, despite previously securing a $1 million loan to scale its diagnostic platform. Taiwan briefly imposed an export ban on advanced chips to South Africa, which was quickly rolled back after negotiations due to concerns ov
Ilara Health downsizes operations due to lack of funding
Ilara Health has implemented a company-wide restructuring resulting in layoffs. The restructuring is attributed to current market conditions and financing dynamics.
Kenya’s Ilara Health cuts staff as funding crunch forces restructuring
Ilara Health is restructuring its operations and laying off employees in response to current market conditions. The company received a $1 million loan from the International Development Finance Corporation to improve its diagnostic platform nine months ago.
Kenyan Healthtech Startup Ilara Health Raises $4.2M to Scale Primary Care
Ilara Health has secured $4.2 million in a pre-Series A funding round. The funding will support the startup's mission to deliver affordable, quality healthcare across Kenya and expand regionally.
