CureBay Secures ₹100 Crore in Pre-Series C Round

22 Oct 2026, 10:34 am · 2h ago · 1 min read · YourStoryNew

Amount

₹100 Cr

Stage

Pre-Series C

Lead

IvyCap Ventures

Rural healthcare platform CureBay has raised ₹100 crore in a Pre-Series C round led by IvyCap Ventures. The funding consists of ₹69 crore in equity alongside over ₹30 crore in venture debt from Trifecta Capital, Alteria Capital, and VentureSoul Partners. Founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra, and Sanjay Swain, CureBay runs an IoT-enabled network of over 250 rural clinics across seven states. The fresh funds will help the startup scale operations nationally, expand physical touchpoints, and enhance its AI-powered clinical decision and patient screening intelligence layer.