Kasha, the startup for women’s health, has collected a fund of $21 million series B.
The Rwandan startup a digital platform for retail and last-mile distribution of FMCGs (fast-moving consumer goods) and pharmaceuticals with a focus on women’s healthcare requirements and household products. Customers range from individuals to hospitals, including clinics, small resellers, and pharmacies while products range from sanitary pads to diapers and cleaning supplies through its website.
Founded in 2016, Kasha raised $1.5 million from investors in seed funding, starting in Rwanda. After its expansion in Kenya in the late 2020s, Kasha generated a $3.6 million series A from DFC, Finnfund, Swedfund, and Mastercard Corporate. The recent series B was led by Knife Capital and had participation from Altree Capital, Five35 Ventures, Bamboo Capital’s BLOC Smart Africs Fund, Tim Koogle (ex-CEO of Yahoo), etc.
Joanna Bichsel, the CEO of Kasha, believes that it is different from other B2B E-Commerce platforms from East Africa, having capabilities around credit and telehealth. “If a consumer orders from us and they don’t have a prescription, we connect them to a doctor,” Bichsel stated. “Having reached this major milestone of closing our Series B, we are even more inspired and determined to achieve Kasha’s mission of being Africa’s leading digital platform for last-mile access to health,” she continued.