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

Afrobility: Africa Tech and Business

Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

1+ y ago 2:30:52

MP3•एपिसोड होम

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:

African health context
Reliance Health's early history
Product & monetization strategy
Competitive positioning & potential exit
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:

Interested in investing in Africa Tech with Olumide: Read about Adamantium fund & contact me at olumide@afrobility.com
Founders looking for funding: If you're a B2B founder working on Education, Health, Finance or food, please contact me for funding at olumide@afrobility.com
Recommendation: Kinky Boots: Musical show in NYC. It was incredible!
Recommendation: Paying for Status: Talks about loyalty strategy. Reward programs + finance + customer loyalty strategy article. I love it.
Recommendation: The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution (by Gregory Zuckerman)
Small win: Finishing Included VC fellowship. It was incredible especially meeting everyone in Included VC live in Barcelona la

Bankole’s recommendations & small wins:

Recommendation: Podcast: Sandy Kemper of C2FO on Fintech One-on-One & Podcast: Invest Like The Best with Karen Karniol-Tambour
Small win: Getting ready for upcoming travel
Other content: Podcast: Femi Kuti on Aid Evolved

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

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

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