Kasha, a healthtech startup based in Rwanda, recently secured a $21 million Series B funding led by Knife Capital. The company's platform provides digital retail and last-mile distribution of pharmaceuticals and fast-moving consumer goods (FMCGs) in East Africa. Kasha aims to address the lack of visibility and inefficiency in reaching last-mile customers in both urban and rural markets. It operates a wide distribution network with agents in communities and allows users to confidentially order health products for delivery. The company has achieved significant growth, expanding to Kenya and planning to launch operations in South Africa and West Africa. Kasha's recent fundraising faced challenges due to the VC downturn caused by the pandemic, but they successfully raised a bridge round that helped them through the economic downturn. The raised capital will be used for expansion, investment in product and technology, and targeting enterprise customers. Kasha's founder, Joanna Bichsel, emphasizes the exciting potential for healthtech in Africa, as commercial investors are showing increasing interest in the sector. The company leverages partnerships with local health organizations to scale across different countries in Africa and plans to become the largest healthcare last-mile platform on the continent.

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