London-based health tech startup Nila has oversubscribed a $2.4 million (£1.8 million) pre-seed round led by LocalGlobe to expand its care management platform that helps immigrants manage their elderly relatives’ healthcare at home.
The funding will accelerate Nila’s launch in 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 broader remittances, fintech and healthtech sectors.
Founded in 2024 by Anthony Jacob (pictured)Nila, a former Taptap Send executive, was born out of Jacob’s personal struggle to coordinate vaccinations and care for his elderly parents in Sri Lanka during the pandemic.
“We are dealing with a tremendous aging population,” Jacob said. “Younger professionals working abroad often take on the responsibility of caring for aging parents remotely. At Nila, we are bridging this gap – offering smarter, more efficient, cross-border aged care that keeps families connected and informed every step of the way.”
The platform combines AI-driven care management, cross-border payments and a network of Nila-certified caregivers trained and vetted in elder care and safeguarding. Each user is assigned a dedicated caregiver who manages home visits, tracks medications, arranges transportation to appointments, and processes medical payments—all while sharing live updates with family members abroad.
For millions of expatriates, caring for elderly family members from abroad is an emotional and logistical burden. According to the World Bank, immigrants send more than $130 billion annually to India alone, with much of that money going toward health care.
Nila estimates that immigrants spend more than eight hours per week coordinating care and more than $5,000 per year on travel and administrative costs related to elder care. In emergencies, medical bills can exceed $1,500, often with little transparency.
By connecting families with trusted caregivers and automating payments, Nila aims to make remote care reliable and affordable.
The company’s early presence underscores the demand: in just six months, Nila has processed over 3,000 care requests in more than 10 Indian cities, including Mumbai, Pune, Delhi, Hyderabad, Bangalore, Chennai, Coimbatore, Ahmedabad, Ludhiana and Kolkata. The company reports no customer churn among its first users, who pay about $100 a month for 24/7 coordination and on-site personal support.
Julia Hawkins, Partner at LocalGlobe, said the company was pleased with Nila’s mission and early results: “Anyone who lives abroad knows how stressful and costly it is to care for loved ones remotely. Nila is transforming that experience by tackling the toughest challenges – from finding trusted caregivers to managing payments to gaining insight into the needs of loved ones.” daily care. It can’t replace in-person presence, but it proves to be the next best thing.”
Nila’s approach contrasts with traditional elder care models by integrating healthcare, fintech and real-time communications into a single ecosystem. Families can pay for services directly through Nila’s platform, eliminating delays in transfers and reducing transaction fees.
With its latest round, Nila plans to expand its AI and logistics infrastructure, hire care teams across India, and launch pilots in Southeast Asia.
The company’s long-term vision is to build a borderless global health and social network connecting caregivers, doctors and families around the world.
“We are redefining what it means to care for loved ones remotely,” Jacob added. “Our goal is to give every family security – no matter how far apart they are.”
