Due diligence at Flying Doctors Healthcare Investment Company

7 important questions we ask founders during due diligence

At Flying Doctors Healthcare Investment Company (“FDHIC” or “The Company”), due diligence is conducted on start-ups and is carried out in a systematic way to enable us to make calculated and informed investment decisions. As a venture capital firm, FDHIC invests and empowers scalable tech-enabled start-ups in the health and financial sector. During due diligence, …

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Lifestores pharmacy, has been selected for JICA’s 2020 business plan competition in response to COVID-19 for African Startups

We are pleased to announce that lifestores pharmacy, one of our portfolio companies, has been selected for JICA’s 2020 business plan competition in response to COVID-19 for African Startups. This selection was done through Ninja (Next Innovation With Japan). Lifestores is a retail pharmacy start-up, bringing disruptive innovation to the pharmaceutical sector in Nigeria by …

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MEET OUR FEMALE FOUNDERS

When female-led businesses seek funding to grow their business, they encounter several challenges. According to PitchBook Data, only 2.2% of all venture capital in the U.S. goes to companies founded solely by women. The lack of funding means that little attention is paid to women-backed companies which on average, perform better than those with all-male …

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HELIUM HEALTH: Africa’s Digital Hospital

The adoption of technology in health is quite slow and low in Africa compared to other developed regions. For decades, 90% of African hospitals have been operating entirely manually. In a fast-paced world, where time is of essence to saving lives, paper documentation cannot work. The expected result was a major lack in efficiency, accuracy, …

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KONIKU: THE ROBOTIC NOSE

The Flying Doctors Healthcare Investment Company was born out of the urgent necessity to help Africans get the healthcare services they deserve. Innovation in areas like biotechnology, pharmaceuticals, information technology, the development of medical devices and equipment, and more are crucial in improving the poorly developed healthcare system in Africa. It is more important than …

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#StartUp Series: How to Create a Customer-Focused Organisation

Beyond the quality of the product or service in an organisation, great customer service is a critical influencer for brand loyalty, buying behaviour and future business opportunities. Building a customer-focused company can set your brand apart from competitors, and help you scale your business. The quote “customers are always right” was coined from developing a …

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