Naluri secures US$7 million in financing for regional expansion

  • Pruksa Group, Thailand’s leading real estate group led this round
  • To finance move to Thailand, strengthen operations in M’sia, S’pore, Indonesia

Naluri team photo with co-founder, Azran Osman-Rani (third from right)Naluri Pte Ltd (Naluri) announced that it has secured a US$7 million (RM30.8 million) pre-series B round of financing, led by Pruksa Group, Thailand’s leading real estate development group.

In a statement, the digital health services provider said the Pruksa Group investment joins Germany’s Bertelsmann Investments and Japan’s Striders Corporation and is backed by a number of returning investors, including M Venture Partners, Palm Drive Capital and Capital INP.

The company said this new financing is earmarked for Naluri’s strategic expansion into Thailand and will further strengthen the company’s operations in Malaysia, Singapore and Indonesia.

Naluri said its digital health service and healthcare cost containment solution deploys technology to deliver person-centered, integrated care to transform the lives of people at risk of, or managing, chronic and mental health conditions. more generalized.

The company, founded in 2017 by entrepreneur Azran Osman-Rani and medical systems expert Jeremy Ting, claimed to combine evidence-based interventions and human-led experience with a digital platform (via the Naluri app) to deliver health outcomes. significant at a lower cost. to health care payers.

According to Naluri, Southeast Asia is facing an epidemic of chronic non-communicable diseases, which are now responsible for 60% of deaths in the region.

With the exacerbation of mental health conditions including depression, anxiety, stress and burnout due to Covid containment measures, the demand for accessible, affordable and scalable solutions has fueled Naluri’s growth.

Azran Osman-Rani, co-founder and CEO of Naluri, said more needs to be done to not only manage chronic health and mental health conditions, but also prevent them.

“We must do it quickly and effectively. Global markets have tightened, but this investment affirms Naluri’s mission and accelerates our efforts to support the most deserving people in the region,” he said.

To date, the company has claimed to serve more than 75 of the region’s top employers in industries including financial services, oil and gas, real estate development, telecommunications, tertiary education and aviation.

It said it offers healthcare payers effective corporate wellness solutions in Malaysia, Singapore, Thailand, and Indonesia, with expansion plans imminent to the Philippines, Hong Kong, and Australia.

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