CureBay, an Odisha-based healthtech startup, has raised Rs 50 crore in Series A funding led by Elevar Equity to enhance rural healthcare access through the expansion of its e-clinics and technology-driven services.

Target Information

CureBay is an Odisha-based healthtech startup founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra, and Sanjay Swain. The company focuses on providing affordable healthcare services tailored to the needs of rural populations. Utilizing a hybrid model, CureBay facilitates appointment scheduling, teleconsultations, medicine delivery, diagnostic services, and patient admission to partner hospitals, all while ensuring a transparent booking process and concierge services.

The startup has achieved significant milestones, having treated over 10,000 patients with the assistance of trained healthcare workers at its e-clinics. Currently operating 15 e-clinics, CureBay aims to expand its footprint by launching an additional 100 e-clinics within the next year, enhancing access to quality healthcare for rural communities.

Industry Overview in India

The healthcare industry in India is experiencing a transformative phase, driven by increasing demand for accessible and affordable medical services. With over 65% of the population residing in rural areas, there is a pressing need for innovative healthcare delivery solutions