#58: Reliance Health - How the HealthTech platform is providing insurance & health services across Nigeria & Africa
Afrobility: Africa Tech & BusinessNovember 03, 2022
58
02:31:27277.34 MB

#58: Reliance Health - How the HealthTech platform is providing insurance & health services across Nigeria & Africa

Overview: Today, we’re going to talk about Reliance Health, the African HealthTech company - we’ll explore the Reliance Health story across the following areas:

  1. African health context
  2. Reliance Health's early history
  3. Product & monetization strategy
  4. Competitive positioning & potential exit
  5. Overall outlook

This episode was recorded on October 30, 2022


Companies discussed: Reliance Health, Y Combinator (YC), Hygeia HMO, CribMD, AXA Mansard, RedCare & BIMA Health


Business concepts discussed: Insurance monetization, Insurance partnerships, consumer distribution, telco partnerships, product development, consumer market penetration & pricing strategy


Conversation highlights:

  • (01:00) - Intro and why we’re talking about Reliance Health
  • (06:12) - Context of Africa and Nigeria’s healthcare
  • (13:03) - Reliance Health Founding + Early History
  • (39:25) - Fundraising & Geo expansion
  • (52:16) - Product strategy and monetization
  • (1:36:00) - Competition and options for exit
  • (1:45:57) - Bankole’s overall thoughts and outlook
  • (1:59:57) - Olumide’s overall thoughts and outlook
  • (2:14:17) - Recommendation and small wins


Olumide’s recommendations & small wins:


Bankole’s recommendations & small wins:


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Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com