Press Release

Dr. B. R. Shetty donates INR 4 Crores for the welfare efforts of the Kerala-flood-affected victims

Thiruvananthapuram, 22 August 2018: Dr. Bavaguthu Raghuram Shetty, Founder Finablr Group, and Chairman of Unimoni, UAE Exchange and NMC Healthcare met with Shri Pinarayi Vijayan, Honourable Chief Minister of Kerala, at Thiruvananthapuram today and handed over a cheque of INR 4 Crores in support of the ongoing relief and rehabilitation efforts in the aftermath of the devastating floods that has affected the state. He was accompanied by Promoth Manghat,
Group CEO and Executive Director of Finablr, Prasanth Manghat, CEO and Executive Director of NMC Healthcare, and Amit Saxena, MD & CEO of Unimoni India, on the occasion.

“Despite the catastrophic event, the resilience shown by the people of Kerala is commendable. The rehabilitation of the nearly million displaced is a critical priority and we must all join hands to support this noble cause. The losses suffered by the people is unimaginable and I will be glad if my humble contributions can make a positive difference in rebuilding their lives. We will continue to extend our full-fledged support to government initiatives that will help in rebuilding God’s own country,” said Dr. B.R. Shetty

Besides his contribution of INR 4 Crores to the Kerala Chief Minister’s Distress Relief Fund, Dr.Shetty has further contributed INR 9.5 Crores to the Khalifa bin Zayed Al Nahyan Foundation, which is facilitating the provisioning of relief support from the UAE. Additionally, Unimoni and UAE Exchange, alongside with NMC Healthcare, have been actively assisting the ongoing relief and rehabilitation efforts in Kerala through multiple initiatives.

“As a committed corporate citizen, who firmly believes in helping communities in times of need, it was our responsibility to do all that is in our power to aid the people of Kerala, who are facing this unprecedented natural calamity. Our teams are in full action, across our global network, to extend every support possible for the millions affected and with support pouring in from all quarters, we are confident that Kerala will soon recover from this disaster. We have also rolled out global awareness campaigns for raising funds and collecting relief material, wherein our branches are acting as collection points,” commented Promoth Manghat, Group CEO and Executive Director of Finablr.

In an earlier announcement, UAE Exchange and Unimoni had globally waived off the service fee on remittances to the Kerala Chief Minister’s Distress Relief Fund in an effort to mobilise funds and enable their customers to contribute towards the ongoing relief and rehabilitation efforts. Additionally, Unimoni India has enabled donations to the Kerala Chief Minister’s Distress Relief Fund via its mobile wallet that allows its customers to contribute towards the relief efforts.


About Finablr

Finablr is a holding company which will bring together a portfolio of category-leading global financial services brands, including UAE Exchange, Travelex, Xpress Money, Unimoni, Remit2India and Ditto Bank, under one network. With technology innovation at its core, Finablr seeks to drive the agenda of financial enablement and empowerment of customers through R&D efforts, industry ecosystem engagements, investments and potential acquisitions. With over four decades of industry expertise and 18,000+ employees, the Finablr network brands have a direct presence in 45 countries and a network reach across 165 countries. For more information, visit the Finablr website:

About Unimoni
Unimoni is a global provider of money transfer, foreign exchange, payments and credit solutions. Unimoni facilitates seamless movement of money across geographies, currencies and channels with a focus on delivering convenience, speed and value to its customers. With multiple touchpoints spanning retail stores and digital channels, Unimoni offers secure and simplified financial solutions for its customers. For more information, visit the Unimoni

About UAE Exchange
UAE Exchange is a leading financial services brand, born in the United Arab Emirates in 1980. The brand offers a full suite of diversified and innovative financial solutions in money transfer, foreign exchange and payments solutions. The customer-centric ethos combined with a quality-driven approach, constant innovation in products and processes, and the deployment of latest technological advancements sets UAE Exchange apart from its peers. For more information, visit the UAE Exchange website:

About NMC Healthcare

NMC Health plc is the leading private sector healthcare operator based out of the United Arab Emirates. The group, having started its operations in the country in 1975, has an international network of hospitals in the UAE & GCC, Europe, South America and Africa consisting of over 160 healthcare facilities across 17 countries, catering to over 8.5 million patients per year, and employing over 2000 doctors and 18000 administrative and support staff.

The group is also a leading UAE distributor of products and consumables across several key market segments, with the major contribution coming from healthcare related products. NMC Trading, a subsidiary of NMC Health plc, is one of the largest distributors in the UAE with distribution rights for some of the most iconic brands from around the world, including 3M, Medtronic, Welch Allyn, Meyra, Sorg, Patron, Abbott Diabetes Care, Nestle, Unilever, Nivea, Pfizer, Siemens, Samsung, Sanofi, Kiwi, Brylcreem, and Henkel, among others. NMC Trading sells products and services to over 10,000 businesses across the UAE.

NMC Health plc reported revenues of US$1603.4 m in 2017. In April 2012 NMC Health plc became the first healthcare company from the GCC to list on the London Stock Exchange (LSE). NMC Health plc is a constituent of the coveted FTSE 100 Index of the blue-chip companies at the LSE. For more information, visit the NMC website:

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