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Health-tech startup CureBay raises $21 million in a funding round led by Bertelsmann India, with participation from BII and Elevar Equity to expand affordable healthcare services across India.

May 20, 20257 months ago

Amount Raised

$21 Million

BhubaneshwarHealth Care

Investors

Elevar EquityBritish International InvestmentBertelsmann India Investments

Description

Health-tech startup CureBay has raised $21 million in a new funding round, led by Bertelsmann India Investments, along with British International Investment (BII) and existing investor Elevar Equity. The funds will help expand its network of e-clinics across several states in India, enhancing its technology and AI capabilities. CureBay aims to provide affordable healthcare services in rural areas. With over 150 e-clinics, the startup is addressing healthcare gaps in remote regions.

Company Information

Company

CureBay

Location

Bhubaneshwar, Odisha, India

About

CureBay is on a mission to transform patient experiences in underserved markets by bridging critical gaps in primary healthcare. Through a hybrid healthcare and fulfilment model, CureBay digitally connects patients with healthcare providers and ecosystem partners, delivering care via a robust 3-tier system of Hubs, Spokes, and a network of satellite health centres.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech