CureBay raises ~Rs 100 Cr in Pre-Series C round to scale rural healthcare across Bharat

CureBay, India’s first Rural Healthcare Operating System, has raised ~Rs 100 crore in a Pre-Series C round, led by IvyCap Ventures. The round comprises Rs 69 crore in equity led by IvyCap Ventures along with other existing investors, and over Rs 30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners. 

Launched in 2021, CureBay has built India's first six-layer integrated Rural Healthcare Operating System spanning IoT-enabled Clinics, a Swasthya Mitra network, a connected digital platform, AI-powered screening and risk alerts, a 24/7 command centre, and CureBay Kavach. 

The fresh capital will support CureBay’s expansion across India and strengthen its delivery network. It will also deepen the company’s proprietary technology and AI capabilities, including its Intelligence Layer, to strengthen screening, health insights, and clinical decision-making across the care journey. This round will provide the necessary support for CureBay to further expand its presence across India, including into new markets such as Andhra Pradesh.

The startup continues to rapidly expand its footprint and strengthen last-mile healthcare delivery. The CureBay operating model has been successfully implemented across 7 states. The company also works closely with the government on healthcare delivery initiatives and has been named the healthcare partner for Samriddhi Kendra, a Government of India initiative.