UAE’s health-tech start-up Okadoc raises $10m for tele-medicine and Gulf expansion

UAE-based start-up Okadoc raised $10 million (Dh36.7m) in its latest funding round from institutional and private investors to finance plans to launch tele-medicine services and expand its footprint across the Gulf. The health-tech firm’s Series A round of financing received backing from Abu Dhabi Investment Office (Adio) and Ithmar Capital Partners, Okadoc said in a statement on Wednesday.
“The fund-raising is for expansion. We are launching tele-medicine and expanding in the region,” Fodhil Benturquia, founder and chief executive of Okadoc, said.

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