CureBay raises Rs 62 crore funding

CureBay, a startup focused on improving primary healthcare in remote areas, has managed to secure a significant investment of Rs 62 crore in a recent funding round led by existing investor Elevar Equity.

The funding was led by Elevar Equity, with participation from existing investors, founders, and leadership team members.  CureBay plans to use the funds for several purposes.

CureBay is also planning to expand its clinic count from 90 to over 200 across Odisha and Chhattisgarh and also enter Jharkhand, said the startup's founder and chief executive Priyadarshi Mohapatra.

Jyotsna Krishnan, Managing Partner at Elevar Equity, said, rural households aspire to have affordable access to healthcare services, and CureBay's blended distribution model, augmented with technology, is well-positioned to serve millions of customers in medically under-served locations who are eager to pay for timely, quality healthcare CureBay is building an intelligent and robust health data platform. This will help them collect and analyze data to improve the quality of their services and gain insights into healthcare needs in underserved regions.

CureBay's recent funding round is a promising development for improving access to quality and affordable healthcare in remote areas. It will be interesting to see how they utilize the funds to achieve their goals and make a positive impact on people's lives.