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CureBay raises ₹100 crore to take its rural clinics to more states

Rural healthcare startup CureBay has raised ₹100 crore in a Pre-Series C round led by IvyCap Ventures, to expand its tech-enabled clinic network.

CureBay raises ₹100 crore to take its rural clinics to more states
Cover: Day1 Startup Media

For millions of families in rural India, seeing a good doctor still means a long trip to the city. CureBay is trying to bring that care closer to home, and it has just raised ₹100 crore to grow.

The funding

The Pre-Series C round was led by IvyCap Ventures. It is a mix of:

  • ₹69 crore in equity from IvyCap Ventures and existing investors
  • Over ₹30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners

What CureBay does

Founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra and Sanjay Swain, CureBay runs a rural healthcare network that mixes physical clinics with digital tools. Its setup includes IoT-enabled clinics, local health workers called Swasthya Mitras, AI-based screening and risk alerts, and a 24/7 command centre.

Today it runs more than 250 tech-enabled clinics across seven states. The company says it has served over 17 lakh patients and holds more than 400 health camps every month.

Where the money goes

CureBay will use the funds to expand to more parts of India, strengthen its care network and build more AI into its system, including tools for patient screening and helping doctors make decisions.

Founder and CEO Mohapatra's view is simple: rural India does not need another app, it needs a system that works end to end, from the health worker at the doorstep to the specialist in the city.

Why it matters

Healthcare startups often chase big-city users. CureBay is a reminder that some of the biggest opportunities, and the biggest impact, are in Bharat.

Source: YourStory, original article

#CureBay#healthtech#rural healthcare#IvyCap Ventures#funding

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