In its commitment to improving the health and wellbeing of people across Southeast Asia, Striders Corporation (HQ: Tokyo, Japan, President: Ryotaro Hayakawa) executed its first investment into the health-tech industry by participating in the Pre-Series B fundraising round of Naluri Pte. Ltd. (HQ: Singapore, CEO: Azran Osman-Rani). The investment was executed via Striders Corporation’s fully-owned subsidiary, Striders Global Investment Pte. Ltd. (HQ: Singapore, Director: Nelaka Haturusinha)
Naluri, the region’s leading digital health service provider and healthcare cost-containment solution, deploys technology to deliver world-class integrated person-centered care to transform the lives of people who are at risk of, or managing, the most pervasive chronic and mental health conditions. The company, founded in 2017, pairs evidence-based interventions and human-led expertise with a digital platform (via the Naluri app) to deliver significant health outcomes at a lower cost to healthcare payors.
In a region where health service provisions are constrained not just by cost but also by shortages in registered professionals, Naluri empowers their team of health and wellness experts with data and the company’s proprietary AI-augmented coaching platform to deliver highly personalized behavioral health programs that maximize their members’ ability to achieve their health goals at scale.
The company, founded by serial entrepreneur Azran Osman-Rani and medical systems expert Dr. Jeremy Ting, is backed by prominent local and international investors.
Naluri serves more than 75 of the region’s leading employers in industries that include financial services, oil and gas, property development, telecommunications, tertiary education and aviation, to offer their teams its comprehensive employee assistance and chronic disease management programmes across Malaysia, Singapore, Thailand and Indonesia with imminent plans of expansion into the Phillippines, Hong Kong and Australia. Striders joins lead investor, Pruksa Group (SET:PSH) from Thailand (via its corporate venture capital arm, Vimut Investment Pte. Ltd.) in this round.
This investment is an example of Striders Corporation’s commitment to the well-being of all people, especially in South and Southeast Asia, and its confidence in the growth potential of well-executed health-tech initiatives. PitchBook expects the retail healthtech industry to grow by 19% to US$900Bn by 2026 and Striders Corporation plans to have further aggressive investments in this space. The company sees its investment in Naluri as the gateway to the region’s economic growth and prosperity - with healthier people being the major driving force. Alongside its investment, Striders will also leverage its business relationships to support Naluri’s expansion across South Asia and Japan.
From left to right: Kenneth Koh (Naluri COO) , Jennifer Ho (Partner, Integra Partners), Tim Osmond (Naluri CTO), Dr Jeremy Ting (Naluri Co-Founder and President), Dr Tiffanie Ong (Naluri CPO), Azran Osman-Rani (Naluri Co-Founder and CEO), Aidan Saheran (Naluri CCO) and Dr Anthony Lawrence (CEO, Biomark)
Contact:
Striders Corporation (Public Relations Team)
Tel: (+81)-3-5777-0212