South Africa: Alma Clinics lands $2.8m investment from IDF Capital
South Africa: Alma Clinics lands $2.8m investment from IDF Capital
Alma currently has six fully operating clinics.
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Alma Clinics, a nurse-led tech-enabled private primary healthcare clinic chain established by CEO Sibongile Manganyi Rath, has secured $2.8 million from IDF Capital through its Alitheia IDF Fund (AIF).
Alma was established at the height of the COVID-19 pandemic and lockdowns, with the opening of one clinic in Protea Soweto, a previously disadvantaged and underserved township. Alma currently has six fully operating clinics servicing more than 4,000 patients a month with a drive to expand to 35 locations across South Africa.
Polo Leteka, CEO and founder of IDF Capital, and a co-managing partner of Alitheia IDF Fund, will be joining the board of Alma.
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