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Nila raises $2.4m to expand AI-powered cross-border eldercare

16 October 2025
in Business
Reading Time: 3 mins read
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Nila raises .4m to expand AI-powered cross-border eldercare
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London-based healthtech startup Nila has raised an oversubscribed $2.4 million (£1.8 million) pre-seed round led by LocalGlobe, to expand its care management platform that helps immigrants manage healthcare for their elderly relatives back home.

The funding will accelerate Nila’s rollout across India, the world’s largest remittance destination, and support its plans to enter other Asian markets, including the Philippines, within the next 18 months. The round also includes participation from Redbus Ventures and a network of angel investors from Nala, Revolut, Wise, and the wider remittance, fintech, and healthtech sectors.

Founded in 2024 by Anthony Jacob (pictured), a former Taptap Send executive, Nila was born from Jacob’s personal struggle to coordinate vaccines and care for his elderly parents in Sri Lanka during the pandemic.

“We face an ageing population of huge proportion,” Jacob said. “Younger professionals working abroad often shoulder the responsibility of caring for ageing parents remotely. At Nila, we bridge that gap — providing smarter, more efficient, cross-border eldercare that keeps families connected and informed every step of the way.”

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