Digital Health Platform Naluri nets $ 5M Fund to Accelerate Growth

Naluri, Southeast Asia’s leading digital health platform and wellbeing provider has reported the successful closing of $ 5 million Series B equity funding.

TELUS Global Ventures - through the Pollinator Fund for Good, the strategic impact investment arm of world-leading communications technology company, TELUS, undertook this latest round, along with earlier investors Sumitomo Corporation Equity Asia, M Venture Partners, and others.

The capital infusion brings an end to a series of financing that has reached a total of 14 million dollars in the form of Series B funding.

Key Highlights

• Naluri raises $5M in Series B funding to fuel Asian market expansion.
• TELUS Global Ventures backs Naluri’s digital health growth journey.
• Naluri strengthens employee wellbeing solutions with mental health focus.

The capital will be applied working capital to achieve profitability within 1 year and expansion to the Asian markets, beginning with the Philippines and Vietnam.

Naluri has secured a distinct market leader position in the employee wellbeing solutions across Indonesia and Malaysia and works with enterprise business clients in the banking and insurance, energy and mining, telecommunications and technology, transport and logistics, professional services and BPO sectors.

It expanded to Singapore and Thailand and won several Pan-Asian and global clients via its custom programmes consisting of  mental health coaching, preventive behavioural health and chronic disease management,  health screenings and assessments, health promotion and engagement programmes,  multidisciplinary health coaching and consultation services, 24/7 crisis support  lines.

Also Read: Go-Genie Raises SGD 5M to Expand AI Logistics in Southeast Asia

At the same time, TELUS Health has entered into a commercial partnership with Naluri to benefit their Employee Assistance Programme customers with those in eight markets within the region.

This is a strategic investment that will further lead TELUS to its pursuit of global leadership in digital health development in terms of commercial scale and impactful capital. Demonstrating that commercial success and measurable impact are not mutually exclusive, the TELUS Global Ventures investment in the Pollinator Fund for Good transmits capital that shows how commercial success and social impact can live side-by-side.