Egyptian B2B medtech platform i’SUPPLY has secured a US $3 million Sharia-compliant, revenue-based revolving financing facility provided by Bokra, a Cairo‑based fintech fund. This capital infusion will support the startup’s mission to modernize pharmaceutical distribution across Egypt.
Founded in Cairo, i’SUPPLY operates a marketplace and logistics platform tailored for pharmaceutical wholesalers, retailers, and manufacturers. The startup integrates data‑driven tools and AI into the procurement and supply‑chain process, helping clients predict and overcome local disruptions—aiming to become “a one‑stop‑shop” for pharma stakeholders .
Unlike traditional venture equity, i’SUPPLY chose a Sharia‑compliant structure allowing access to capital without equity dilution. The funds are drawn based on revenue performance, aligning Bokra’s returns with i’SUPPLY’s real business growth. This model not only respects Islamic finance principles but also offers a more sustainable and flexible financing route as i’SUPPLY scales.
i’SUPPLY’s strategic pivot reflects growing momentum in MENA’s medtech sector. According to LinkedIn and regional media, multiple healthtech firms have received significant growth capital in recent months—with i’SUPPLY standing out as a leader in Egypt’s pharma supply‑chain digitization trend.
This trend underscores increasing investor confidence in digital supply‑chain platforms that can uplift healthcare access and operational efficiency, especially in emerging markets.
The new funding will be used to Scale distribution operations to manage inventory, fulfillment, and delivery to pharmacies in underserved and remote parts of Egypt.
This $3 million Sharia‑compliant revenue-based financing marks a key milestone for i’SUPPLY, empowering the startup to accelerate digital transformation in Egypt’s pharma landscape. It also highlights growing investor appetite for innovative, culturally aligned fintech solutions in healthcare logistics and distribution.
With its sights set on scaling nationwide and beyond, i’SUPPLY is carving out an influential role in MENA’s healthtech revolution.
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