CureBay Secures Nearly ₹100 Crore to Strengthen Rural Healthcare Network

Bhubaneswar-based healthtech startup CureBay has raised nearly ₹100 crore to expand its rural healthcare services and enhance its artificial intelligence (AI)-powered solutions.

The funding comprises ₹69 crore in equity led by IvyCap Ventures, with participation from existing investors, and over ₹30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners.

Founded in 2021, CureBay delivers healthcare services in rural communities through technology-enabled clinics and Swasthya Mitras. Its digital platform and AI tools help screen patients and identify potential health risks.

The company plans to enter new markets, including Andhra Pradesh, while investing in advanced screening technology and tools to support clinical decision-making. Founder and CEO Priyadarshi Mohapatra said rural India needs an integrated healthcare system rather than just another digital application. The fresh capital will help CureBay expand into more states and bring healthcare services closer to rural families.