Nila has raised US$2.4m (£1.8m) to scale its elder care platform in India and prepare expansion to other Asian markets.
The pre-seed round was led by LocalGlobe, with participation from Redbus Ventures and high-net-worth and angel investors from remittance, fintech and healthtech, including investors from Nala, Revolut and Wise. Nila plans to expand across India over the next 12–18 months and target the Philippines soon after.
Led by Anthony Jacob, Nila provides a care-management platform that helps expatriates oversee the health and wellbeing of older relatives across borders. It is already delivering services in more than 10 Indian cities, including Mumbai, Pune, Delhi, Hyderabad, Bangalore, Chennai, Coimbatore, Ahmedabad, Ludhiana and Kolkata.
The company has an in-house certification that sources, vets and trains local carers in geriatric care (support for older adults) and safeguarding (protecting people from harm or neglect). “Nila Certified” carers are dedicated to each customer and use the platform to schedule home visits, track medicines, arrange transport to medical appointments and streamline payment of medical expenses for immigrants.
Nila was spun out of Founders Factory’s Aviva fintech venture studio.
