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CureBay raises Rs 100 Cr in Pre-Series C round led by IvyCap Ventures

CureBay raises Rs 100 Cr in Pre-Series C round led by IvyCap Ventures to expand operations and enhance healthcare delivery.

Updated 3 min read

Key points

  • CureBay aims to expand its operations and strengthen its healthcare network with the new funding.
  • The company will invest in developing its technology and AI capabilities.
  • This investment round is led by IvyCap Ventures, a prominent venture capital firm.

Why it matters. The investment will enable CureBay to enhance its healthcare services and technology, potentially improving access and quality of care for patients across India.

CureBay has raised Rs 100 Cr in a Pre-Series C funding round led by IvyCap Ventures. The company stated it will use the funds to expand operations across India and strengthen its healthcare delivery network. Additionally, CureBay plans to develop its AI and technology capabilities.

Latest updates

CureBay raises Rs 100 Cr in Pre-Series C round led by IvyCap Ventures

CureBay said it will use the funds to expand its operations across India, strengthen its healthcare delivery network, and develop its technology and AI capabilities.

Healthtech startup CureBay raises ₹100 crore in pre-Series C round

Healthtech startup CureBay has raised approximately ₹100 crore ($10.6 million) in a pre-Series C funding round. The investment includes over ₹69 crore in equity led by IvyCap Ventures and existing investors, alongside ₹30 crore in debt from Trifecta Capital, Alteria Capital, and VentureSoul Partners. CEO Priyadarshi Mohapatra stated the funds will be used to scale the company's rural clinics network and enhance its AI-driven screening offerings.

Healthtech Startup Curebay Raises Rs Crore

Rural healthcare startup Curebay has raised around Rs 100 crore funding led by IvyCap Ventures and participation from existing investors including Elevar Equity, Bertelsmann India Investments and others. Of the total capital, about Rs 30 crore was debt from Trifecta Capital, Alteria Capital and VentureSoul Partners.The company will use the fresh capital to expand its footprint, strengthen its technology and artificial intelligence (AI) The company will use the fresh capital to expand its footprint, strengthen its technology and artificial intelligence (AI) capabilities, and enter new markets, including Andhra Pradesh, Priyadarshi Mohapatra, cofounder and CEO Curebay, told ET.

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