CureBay Raises ₹100 Crore to Expand Rural Healthcare Network, Invest in AI
CureBay has secured around ₹100 crore in a Pre-Series C round, with ₹69 crore in equity and over ₹30 crore in debt. The funds will be used to expand its tech-enabled clinic network and enhance AI-driven screening and clinical decision support systems
CureBay, a healthcare technology startup focused on rural India, has raised approximately ₹100 crore in a Pre-Series C funding round led by IvyCap Ventures, with the capital earmarked for expansion and investment in artificial intelligence (AI) and technology capabilities.
The round comprises ₹69 crore in equity, led by IvyCap Ventures alongside existing investors, and more than ₹30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners.
Founded in 2021, CureBay operates more than 250 technology-enabled clinics across seven states and has served over 17 lakh patients, according to the company. It plans to use the fresh capital to expand into new markets, including Andhra Pradesh, and...
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