$7 M secured by Malaysia-based Naluri in Series B funding round
A pre-series B fundraising round headed by Thailand-based real estate developer Pruksa Group saw US $7 million received by Naluri, a supplier of digital health services. Bertelsmann Investments and M Venture Partners also took part in the fundraising.
Azran Osman-Rani and Jeremy Ting established Naluri in 2017 with the goal of addressing the region’s scarcity of certified professionals, which restricts the delivery of care. It accomplishes this by delivering customized behavioral health programs at scale using its own AI-augmented coaching platform and self-help digital tools.
The platform of the Malaysian startup now assists insurers, companies, and people by creating initiatives to manage chronic sickness and raise standards of general health. In order to comprehend and project future healthcare needs and expenses, the program may also leverage past claims data from a client business along with organization-wide health tests.
The money will be used to strategically expand into Thailand, where Pruksa Group operates Vimut Hospitals and has companies in digital health technology. Additionally, Naluri wants to expand its business in Malaysia, Singapore, and Indonesia.
“Global markets have tightened, but this investment affirms Naluri’s mission and fast-tracks our efforts to deliver support to more deserving people in the region,” said Osman-Rani.
A pre-series A round of US $1.1 million and a series A round of US $5 million were previously raised by the company in April 2020 and June 2021, respectively.