CureBay raises ₹100 Cr to grow rural clinics
By Abha Lohia ·
CureBay: revenue and funding and every story →
- CureBay runs technology-enabled clinics in underserved areas, offering doctor visits, medicines, diagnostic tests and health memberships to rural families
- The healthtech firm secured about ₹100 crore in a Pre-Series C round led by IvyCap Ventures, with roughly ₹30 crore of it as debt
- Fresh money will fund a move into Andhra Pradesh and stronger AI tools for health screening, patient insights and clinical decisions
What happened
- CureBay raised around ₹100 crore in a Pre-Series C round.
- IvyCap Ventures led; existing backers joined.
- About ₹69 crore is equity and over ₹30 crore is debt.
- Funds go to Andhra Pradesh entry and wider reach.
- Money also strengthens AI screening and technology.
Why it matters
- Rural India has few clinics, so a tech-led network fills a real gap.
- Mixing equity and debt limits dilution for founders.
- AI screening can help a small clinic team treat more patients.
The business
- CureBay runs over 250 clinics across seven states.
- It works with more than 1,800 community health workers called Swasthya Mitras.
- It has 530 clinical staff and 230 partner doctors.
- Services include consultations, medicines, tests, surgery help and memberships.
- It has served over 17 lakh patients and holds about 400 health camps a month.
The founders
Who put in money
- IvyCap Ventures Lead
- Elevar Equity Existing investor
- Bertelsmann India Investments Existing investor
- Trifecta Capital Debt
- Alteria Capital Debt
- VentureSoul Partners Debt
In numbers
250+Clinics · 2026
17 lakh+Patients served · 2026
What happens next
- Enter Andhra Pradesh
- Expand AI screening
Words to know
- Pre-Series C
- A funding round between Series B and Series C.
Other articles talking about it
Terms in this story
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Series B/C: Series B, C, D and later rounds are growth rounds: large cheques that help a startup with a proven model expand faster, enter new markets or move toward profit and a listing.
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