AIA inks exclusive regional partnership with healthtech startup Holmusk

“This partnership gives us the opportunity to touch the lives of thousands of people across the region,” said Nawal Roy, Holmusk’s founder and chief executive. “It also exemplifies AIA’s focus on prevention and early intervention across behavioural health and chronic diseases, so individuals can live healthier, longer, and better lives.”

Chik Wai Chiew, executive director and chief executive of Heritas Capital, an investor of Holmusk, added: “Holmusk’s ability to scale its high quality digital solution, in partnership with leading insurers like AIA, to address unmet needs in chronic disease management such as diabetes is particularly relevant in the context of under-resourced healthcare systems across Asia.”

The startup in May had raised US$21.5 million in a Series A funding round led by US private equity firm Health Catalyst Capital and Optum Ventures, the venture arm of US tech-enabled health services firm Optum. The fresh funds will be used to expand its operations"aggressively" in the US and Asia through partnerships, acquisitions and new hires, chief executive Mr Roy told BT.For daily updates on weekdays and specially selected content for the weekend.

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