Announced
Completed
Financials
Tags
Private
Nigeria
Friendly
Acquisition
Health Care Facilities
Single Bidder
Cross Border
Minority
healthcare
Venture Capital
Completed
Private Equity
Synopsis
General Atlantic, a growth equity investor, led a $40m Series B round in Reliance Health, a digital healthcare provider, with participation from Partech, Picus Capital, Tencent Exploration, AAIC, P1 Ventures, Laerdal Million Lives Fund, M3, and Arvantis Social Foundation. “Healthcare in emerging markets is often overlooked by private initiatives because it’s an extremely complex challenge to solve. At Reliance Health, by leveraging new innovations to break the constraints of legacy solutions, we believe there is an opportunity to solve some of these tough problems and even for aspects of healthcare in emerging markets to leapfrog to other parts of the world. We are excited to work with our investors towards bringing affordability and accessibility in healthcare to underserved markets, ultimately saving lives around the world,” Femi Kuti, Reliance Health CEO and Co-Founder.
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