Naluri raises USD $5 million to expand digital health in Asia

Naluri has completed a USD $5 million Series-B fundraising round to support its expansion into the Philippines and Vietnam and drive its push towards profitability.

The funding was led by TELUS Global Ventures, through its Pollinator Fund for Good, with additional investment from existing supporters including Sumitomo Corporation Equity Asia and M Venture Partners. With this latest capital injection, Naluri's total Series-B funding has reached USD $14 million.

Regional ambitions

According to Naluri's Group Chief Executive Officer and Co-Founder, Azran Osman-Rani, the funding will be allocated primarily towards working capital needs and market expansion in Asia. The company aims to reach profitability within a year and grow its covered lives to one million across the region.

"We are deeply honoured to have won the trust of our investors to scale this business model and reach the 1 million lives covered milestone," said Azran Osman-Rani, Naluri's Group CEO and Co-Founder.

"I'm extremely proud of my team who stood together through the macroeconomic storms of the past couple of years, batten down the hatches to deliver consistent positive unit economics in this period. We've emerged stronger and battle-hardened, ready for smarter market expansion."

Naluri has established its presence across Indonesia and Malaysia, working with clients in sectors such as banking, insurance, energy, mining, telecommunications, technology, transport, logistics, professional services and business process outsourcing. More recently, the company expanded into Singapore and Thailand. Its offering integrates mental health support, preventive behavioural health, and chronic disease management, alongside health screenings, promotion and engagement programmes, multidisciplinary health coaching, and 24/7 crisis support services.

Investor perspective

"Our investment in Naluri allows us to expand our footprint in Southeast Asia while also demonstrating TELUS' strategic commitment to leading the evolution of workplace mental health solutions globally," said Terry Doyle, Managing Partner at TELUS Global Ventures.

"Naluri's comprehensive approach to employee wellbeing, combined with their innovative programmes that integrate mental health, preventive behavioural health, and chronic disease management, positions them perfectly to address the growing demand for holistic health solutions in the workplace across Southeast Asian markets."

In addition to supporting Naluri through equity investment, TELUS Health has entered into a commercial partnership with the company. This agreement enables TELUS Health to roll out its Employee Assistance Programme (EAP) services, supported by Naluri, across eight markets in Southeast Asia. This collaboration is designed to extend the reach of workplace mental health solutions and demonstrates an alignment of strategic goals between the two companies.

The arrangement with TELUS Health signals both a financial endorsement and a deepening partnership focused on expanding digital health innovation and access across the region. The involvement of TELUS Global Ventures, through the Pollinator Fund for Good, reflects a trend where commercial outcomes and quantifiable impact are sought in parallel, particularly within digital health investments.

Growth and market conditions

The Series-B fundraising development comes against a backdrop of increased enterprise focus on employee wellbeing within Southeast Asia. In sectors as diverse as banking, technology and logistics, there is rising demand for scalable and holistic approaches to employee health, with companies placing greater emphasis on mental health, prevention and management of chronic disease as they look to control medical cost inflation and boost workforce productivity.

Naluri has sought to meet these requirements through its digital platforms that combine technology with professional coaching and clinical oversight, aimed at delivering personalised interventions and robust health outcomes for employees. Analytics tools provided by the company are designed to help employers and insurers measure the value and economic impact of health improvement initiatives.

The ongoing funding support from both new and existing investors is an indicator of the perceived effectiveness of digital health models in the region's markets, and of the growing importance attributed to employee health and wellbeing as a component of corporate strategy.

The company's current expansion targets are the Philippines and Vietnam, where Naluri expects to introduce its multidisciplinary health support programmes to new enterprise clients and employee populations in the coming months.