Healthtech e-commerce company focused on women’s health, Kasha, has received a $1 million investment from Finnish financier, FinnFund.
The funding is set to increase the company’s presence in Rwanda and Kenya, and to support its expansion into other African countries.
“We were convinced by their strong mission and at the same time, we see that e-commerce is rapidly growing its share of consumer spending”, Wee Tracker quotes Finnfund’s Investment Manager, Johanna Raehalme.
Kasha, started in 2016, as an e-commerce platform for Women’s Health, Personal Care and Beauty in East Africa, with a keen interest in low-income rural areas in emerging markets. The company indulges in the business of selling menstrual care products, contraceptives, pharmaceuticals, etc through its platform, accessible on mobile phones, and delivered to customers.
It is currently operational in Kenya and Rwanda.