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Sunday, May 12, 2024

Naluri Hidup raises RM21m in Series A

Funding round will empower Naluri Hidup to expand operations in Singapore and Indonesia, and launch its service in Thailand and Philippines

by NUR HAZIQAH A MALEK / Pic by TMR GRAPHIC

NALURI Hidup Sdn Bhd, a digital health services provider, has secured US$5 million (RM20.6 million) in new funding.

Naluri Hidup co-founder and CEO Azran Osman-Rani said the Series A round was oversubscribed with the support of its investors led by Singapore’s Integra Partners.

Duopharma Biotech Bhd, Pathology Asia Holdings Pte Ltd (via Biomark) and venture capital firm M Venture Partners have returned from a previous round of funding.

Naluri Hidup welcomes new strategic investors Sumitomo Corp Equity Asia Ltd, Palm Drive Capital LLC from New York and INP Capital Inc from Vancouver to its shareholder register.

The company also gained support from the Hibiscus Fund, a venture capital fund managed…

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