{"id":578016,"date":"2022-12-13T04:00:19","date_gmt":"2022-12-13T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/pts-projects-invests-in-local-healthcare-network-edam\/"},"modified":"2022-12-13T04:00:19","modified_gmt":"2022-12-13T04:00:19","slug":"pts-projects-invests-in-local-healthcare-network-edam","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/pts-projects-invests-in-local-healthcare-network-edam\/","title":{"rendered":"PTS Projects invests in local healthcare network EDAM"},"content":{"rendered":"

<\/a> Local healthcare company <\/strong>EDAM has new shareholders: <\/strong>PTS Investments Holdings<\/a>\u2019 Egyptian arm PTS Projects<\/a> has acquired a minority stake in local healthcare startup EDAM<\/a> in a USD six-figure transaction, marking its first transaction in our local market, PTS Investments Managing Director Maha Mandour told Enterprise.<\/p>\n

Going digital: <\/strong>EDAM will use the proceeds from the acquisition to develop a digital platform with PTS Projects and US-based Kemtix Technologies<\/a> that it hopes to launch during 1H 2023, Mandour said. The company aims to hit 2.5 mn users by the end of 2023, it said in a statement (pdf)<\/a>.<\/p>\n

About EDAM: <\/strong>Founded in 2019, EDAM runs a health services network that connects patients with over 3k medical services providers.<\/p>\n

More investments in the pipeline: <\/strong>PTS Projects is looking at making acquisitions in the health, education, transport, logistics and energy sectors, Mandour told us.<\/p>\n

DENTACARTS TO ENTER SAUDI-<\/strong><\/p>\n

Egyptian dental marketplace <\/strong>DentaCarts<\/a><\/strong> will launch in Saudi Arabia during 1Q 2023<\/strong>, co-founder and CEO Ahmed Yahia told Enterprise. The company has already received a Saudi entrepreneur license, giving it the greenlight to kickstart operations there.<\/p>\n

A big funding round in the works?<\/strong> The startup hopes to close a USD 10 mn funding round next quarter to fund its planned expansion into new markets, which include Kenya and South Africa, Yahia reportedly told<\/a>Al Mal<\/a>.<\/p>\n

About DentaCarts:<\/strong> Founded in 2017<\/a>, the startup allows dentists to purchase equipment and supplies online, offering financing solutions in partnership with EFG Hermes\u2019 BNPL platform valU.<\/p>\n","protected":false},"excerpt":{"rendered":"

Local healthcare company EDAM has new shareholders: PTS Investments Holdings\u2019 Egyptian arm PTS Projects has acquired a minority stake in local healthcare startup EDAM in a USD six-figure transaction, marking its first transaction in our local market, PTS Investments Managing Director Maha Mandour told Enterprise. Going digital: EDAM will use the proceeds from the acquisition […]<\/p>\n","protected":false},"author":1,"featured_media":578017,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[7194,72,7115,7128,6445,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-edam","tag-enterpriseam","tag-healthcare","tag-ma-watch","tag-pts-holdings","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"5cd8dd11-7077-4773-83f7-bb392437b68d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/255.jpg","photo_position":"above","related_issue":[578007],"teaser":"","voice_url":""},"yoast_head":"\nPTS Projects invests in local healthcare network EDAM - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/pts-projects-invests-in-local-healthcare-network-edam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PTS Projects invests in local healthcare network EDAM\" \/>\n<meta property=\"og:description\" content=\"Local healthcare company EDAM has new shareholders: PTS Investments Holdings\u2019 Egyptian arm PTS Projects has acquired a minority stake in local healthcare startup EDAM in a USD six-figure transaction, marking its first transaction in our local market, PTS Investments Managing Director Maha Mandour told Enterprise. 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We have another busy news day in our neck of the woods, as well as across the pond.THE BIG STORY TODAY EFG Hermes closes EGP 200.6 mn securitized bond issuance for Premium: EFG Hermes has closed the seventh tranche of Premium International\u2019s EGP 2 bn short-term\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/699.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674109,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/23\/abou-ghaly-motors-partners-with-unhcr-to-support-refugees\/","url_meta":{"origin":578016,"position":1},"title":"Abou Ghaly Motors partners with UNHCR to support refugees","author":"enterpriseam admin","date":"23 October 2025","format":false,"excerpt":"AND- COREangels MEA named best angel network in Africa","rel":"","context":"In "Kudos"","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626274,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/27\/my-morning-routine-maha-mandour-founding-partner-of-coreangels-mea\/","url_meta":{"origin":578016,"position":2},"title":"My Morning Routine: Maha Mandour, founding partner of COREangels MEA","author":"enterpriseam admin","date":"27 June 2024","format":false,"excerpt":"I don\u2019t necessarily want to separate my work from my life \u2014 on the contrary, I enjoy mixing them together","rel":"","context":"In "My Morning Routine"","block_context":{"text":"My Morning Routine","link":"https:\/\/enterpriseam.com\/egypt\/my-morning-routine\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1763.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666068,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/finmin-forms-committee-to-address-tax-issues-facing-investors\/","url_meta":{"origin":578016,"position":3},"title":"FinMin forms committee to address tax issues facing investors","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"PLUS- COREangels MEA launches USD 10 mn fund to support early-stage startups across the Middle East and Africa","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1760.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605645,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/04\/sehatech-closes-usd-850k-pre-seed-round-plus-nagaty-invests-in-nocks\/","url_meta":{"origin":578016,"position":4},"title":"Sehatech closes USD 850k pre-seed round. 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