E-clinics chain CureBay bags another $7.5M and more digital health fundings in India
Jan 26, 2024•almost 2 years ago
Amount Raised
$7.5 Million
Investors
Elevar Equity
Description
CureBay scored another $7.5 million in funding as part of a Series A round led by Elevar Equity. The additional funds will be used to invest in their membership program by hiring over 200 data scientists and experts in pharmacy and diagnostics. It will also help drive their expansion activities, targeting to increase their e-clinics across underserved communities in India to 200 from over 90 at present.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers