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Malaysia-based digital health and employee wellbeing provider Naluri Pte Ltd has secured US$5 million in a Series B equity round to accelerate its expansion into Southeast Asia, starting with the Philippines and Vietnam. The company is also aiming to achieve profitability within the next year.
The funding round was spearheaded by TELUS Global Ventures through its impact-focused Pollinator Fund for Good, with ongoing support from existing investors M Venture Partners and Sumitomo Corporation Equity Asia With this latest injection, Naluri’s total Series B funding now stands at US$14 million, factoring in previous tranches.
The company, which already operates in Indonesia, Malaysia, Singapore, and Thailand, will allocate part of the new funding toward working capital as it eyes profitability within the next 12 months. Group CEO and co-founder Azran Osman-Rani said Naluri aims to extend its services to cover one million lives, describing the latest raise as a vote of confidence in its business model and growth strategy.
Naluri delivers a suite of integrated programmes that combine mental health support, preventive behavioural health, and chronic disease management with health screenings, coaching, engagement initiatives, and 24/7 crisis support lines. These services are designed to help organisations improve employee wellbeing, reduce medical costs, and enhance workplace productivity.
The startup has built a strong presence in the employee wellness markets of Indonesia and Malaysia, working with enterprise clients in sectors such as banking, insurance, energy, mining, telecommunications, technology, transport, logistics, professional services, and business process outsourcing (BPO). Its client base has grown to include pan-Asian and global corporations following its expansion into Singapore and Thailand.
Alongside the investment, TELUS Health has entered into a commercial partnership with Naluri to provide Employee Assistance Programme (EAP) services in eight regional markets. This agreement will enable the Canadian healthcare technology company to extend its reach in Southeast Asia while deepening its offering in workplace mental health solutions.
Terry Doyle, managing partner at TELUS Global Ventures, said the investment aligns with the firm’s commitment to advancing digital health innovation on a global scale. He highlighted Naluri’s “comprehensive approach to employee wellbeing” and its ability to address rising demand for holistic workplace health programmes in Southeast Asia.
According to Naluri, the funding success reflects the broader market trend of employers placing employee wellbeing at the core of their growth strategies. With healthcare costs climbing and productivity pressures mounting, digital health platforms that combine data-driven insights with accessible care are becoming a critical tool for companies across Asia.
Image credits: Naluri