GEC NEWS WIREAED 10 million worth of capital to be leveraged to drive regional digital telemedicine industry from Middle East Venture Partners
Altibbi has secured AED 10 million worth of funding from leading regional investors to accelerate growth and strategically expand its brand offering.
Altibbi has received investment funds from Middle East Venture Partners (MEVP), DASH Ventures and from other investors in the USA, Australia, Europe, Lebanon and Jordan.
Speaking more about Altibbi and its expansion plans, Hussein Abdelkarim, Co-Founder and Chief Operating Officer at Altibbi said, “There was a lack of knowledge and information about medical issues in the Arab world to which Altibbi developed a medical dictionary and has been the foundation of the online platform today.”
“Thanks to the support of our investors, we will now be able to build on the legacy and success of Altibbi and be able to provide our users with improved products and services including the rapid growth of our recently launched Altibbi consumer app. Our aim is to become leaders in the telemedicine field and these funds will allow us to extend our services beyond the GCC region and enable us to position ourselves stronger in the global market,” concluded Abdelkarim.
