Tech Startups News Nigeria

Subscribe

Advertise your job ad
    Search jobs

    Medsaf wins Nigeria round of Seedstars World

    E-health startup Medsaf has won the Nigeria round of Seedstars World. The announcement was made on Friday, 25 August, during Seedstars Lagos. Medsaf will represent the country at the Seedstars Summit in Switzerland to compete for up to $1m in equity investment and other prizes.
    Medsaf wins Nigeria round of Seedstars World

    The startup aims to make the process of buying and selling medication in Nigeria’s complex health system easy and efficient. eWorker, an outsourcing platform that connects companies with talented and vetted developers in Africa, came second, and Edves, a startup which automates the brick and mortar school operations, from student enrolment, fee collection, and lesson notes to transcript generation, grabbed the last spot in the top three. In addition, DropQue, which uses a combination of one-way unassisted video interviews and a powerful AI assessment assistant to get companies the best candidate, won the public vote and will receive one free membership to Seedspace Lagos. The other startups invited to pitch were GetJama, irecycle, Parcel-it, Safi.ng, Wallet.ng and Wesabi.

    The ten startups pitched in front of a jury including Lexi Novitske, principal investment officer at Singularity Investments; Ashley Lewis, investment officer at West Africa Accion Venture Lab; Olawale Anifowose, general manager at Enterprise Development Centre (EDC); Wale Ayeni, head of Africa VC Investments at IFC Venture Capital; and Tunde Akinnuwa, country manager at Seedstars.

    As a part of the prize, Medsaf will be participating at Seedstars Summit, taking place in Switzerland in April 2018, a week-long training programme with the opportunity to meet the other 75 winners, as well as investors and mentors from around the world. Traditionally, the final day of the summit will be dedicated to pitching in front of an audience of 1000 attendees, with the possibility of winning up to the $1m equity investment and other prizes.

    Let's do Biz