Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint πŸ‡ͺπŸ‡¬

Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint πŸ‡ͺπŸ‡¬

#fintech
#healthcare
#startup
#b2b
Cairo-based startup Grinta, a fintech-enabled B2B tech platform digitising the pharmaceutical supply chain, has acquired Alexandria-based online pharmacy Auto-Cure to expand its footprint in the country. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies. The end-to-end platform provides access to the full spectrum of traceable pharmaceutical and medical products from multiple vendors in addition to providing fulfillment, demand planning, and inventory financing.

Cairo-based fintech startup Grinta, which specializes in digitizing the pharmaceutical supply chain for independent pharmacies, has acquired Alexandria's online pharmacy platform, Auto-Cure. Grinta's comprehensive platform offers access to a wide range of traceable pharmaceutical and medical products from various vendors, along with services like fulfillment, demand planning, and inventory financing. The acquisition of Auto-Cure, which serves independent pharmacists in Alexandria, reflects Grinta's commitment to expanding its presence in Egypt. Grinta has previously acquired two other companies, PH Store and EME, allowing it to aggressively expand across multiple regions in Egypt. The combined effort aims to extend their reach not only within Alexandria but also across the Middle East and Africa.


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