Business

Nigeria pharmacy company raises seed to $1 million

Last updated on September 11th, 2021 at 03:00 pm

Over the years, Nigerian startups have come up with solutions across several sectors from financial services to logistics and agriculture.

Increasingly however, its health sector is also coming into focus as startups look to build profitable business around existing gaps in healthcare delivery while also making a lasting impact.

With a shortage of medical practitioners and hospitals, for Nigerians, like in many other African countries, neighborhood pharmacies play an overwhelmingly key role as their primary point of contact with the local healthcare system.

Lifestores Healthcare,is a Lagos-based three-year old startup, is focusing its efforts on primary healthcare delivery—by targeting thousands of local pharmacies and small-scale chemist shops by improving efficiencies in their supply chain.

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