CureBay Raises ₹100 Crore Pre-Series C to Expand Rural Healthcare Network

22 Oct 2026, 6:00 am · 6h ago · 1 min read · Inc42

Amount

₹100 Cr

Stage

Pre-Series C

Lead

IvyCap Ventures

Rural healthcare startup CureBay has raised around ₹100 crore ($10.6 million) in a pre-Series C funding round. The fundraise includes over ₹69 crore in equity led by IvyCap Ventures alongside existing investors, and approximately ₹30 crore in venture debt from Trifecta Capital, Alteria Capital, and VentureSoul Partners. Founded in 2021 by Priyadarshi Mohapatra, CureBay operates over 250 hybrid rural clinics across eastern and central India. The company plans to use the new funds to expand into Andhra Pradesh and Telangana, increase its clinic network to 800 locations, and scale AI-driven diagnostic screening tools.