CureBay raises Rs 50 crore in a Series A funding round led by Elevar Equity. The platform enables affordable healthcare services and facilities for rural areas. The funds will be utilised for hiring, expanding to new locations and strengthening the platform.
CureBay was founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra, and Sanjay Swain. It uses a hybrid model to schedule appointments, provide teleconsultations, deliver medicine, address the diagnostic needs of patients, and facilitate admission for tertiary care at partner hospitals via a transparent booking model and concierge services.
“The healthcare ecosystem needs an innovative model that enables it to collaborate on a real-time basis to deliver health outcomes to patients across the country. With CureBay, we intend to empower the healthcare system and make it accessible to patients who lack information and proper medical resources,” said Priyadarshi Mohapatra, Founder and CEO at CureBay.
According to the company, it has trained healthcare workers at the e-clinics to assist walk-in patients and connect them with city-based doctors for video consultations. The patients also get access to a network of partner labs as well as hospitals for specialised treatment. It has treated over 10,000 patients till now. It also plans to launch 100 e-clinics in the next 12 months, up from the present 15 such clinics.