Rural Healthcare Startup CureBay Raises ₹100 Crore in Pre-Series C Round

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

Amount

₹100 Cr

Stage

Pre-Series C

Lead

IvyCap Ventures

Rural healthcare startup CureBay has raised approximately ₹100 crore in a Pre-Series C funding round led by IvyCap Ventures. The round comprises ₹69 crore in equity from IvyCap and existing investors, 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 a network of over 250 hybrid clinics across seven states. The startup plans to use the fresh funds to enter Andhra Pradesh, scale operations, and enhance its artificial intelligence-driven clinical decision systems and health screening capabilities.