India’s healthcare system continues to grapple with accessibility gaps, especially in rural and semi-urban areas. Odisha-based startup CureBay is tackling this challenge head-on with its hybrid healthcare platform,
India’s healthcare system continues to grapple with accessibility gaps, especially in rural and semi-urban areas. Odisha-based startup CureBay is tackling this challenge head-on with its hybrid healthcare platform, designed to bring affordable, high-quality healthcare to underserved communities. In a significant move toward scaling its mission, CureBay has raised $21 million in Series B funding, led by Bertelsmann India Investments.
The round also saw participation from existing investor Elevar Equity and British International Investment (BII), the UK government’s development finance institution. With this capital infusion, CureBay aims to expand its reach, strengthen its tech-driven platform, and deepen its presence in India’s last-mile healthcare landscape.
Founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra, and Sanjay Swain, and backed by healthcare veteran Vasant Nangia as President, CureBay combines digital technology with physical healthcare services to make essential care accessible in regions that often fall off the radar of mainstream healthcare providers.
CureBay is not just another telemedicine platform—it offers a hybrid model that connects digital consultations, diagnostics, and medicine delivery with a network of physical health centers in smaller towns and rural areas.
The latest round brings CureBay’s total funding to a level that allows it to aggressively scale its physical infrastructure, hire medical professionals, improve tech capabilities, and enhance patient engagement across India.
CureBay uses a tech-first approach to enable digital consultations, remote diagnostics, and medicine delivery. But it doesn’t stop at digital access. The platform also operates local care centers, run by trained health workers and nurses, where patients can get:
By establishing a presence in small towns and rural areas, CureBay is helping people avoid long travel hours to distant cities for even basic healthcare needs. The hybrid model also creates local employment and fosters a community-based care ecosystem.
CureBay plans to open more hybrid health centers across Tier 3 towns and villages in underserved Indian states, starting with Odisha and expanding into other regions.
The platform will further invest in AI-driven diagnostics, digital health records, and backend systems to streamline patient journeys, making healthcare more personalized and efficient.
The funding will support hiring across medical, technical, and operational teams to strengthen the company’s ability to serve more patients at scale.
CureBay is expected to diversify into chronic disease management, maternal and child health services, and preventive care—all tailored to the unique needs of rural populations.
Bertelsmann India Investments, which led the round, emphasized the impact and scalability of CureBay’s model. The firm highlighted how hybrid healthcare is the future in a country like India, where digital-only approaches often fall short in low-connectivity regions.
Elevar Equity, a returning investor, expressed confidence in CureBay’s execution capabilities and local engagement model, while British International Investment noted the platform’s potential for large-scale social impact in improving healthcare outcomes.
CureBay is now poised to:
The startup’s long-term vision is to become a national healthcare enabler, particularly for India’s Bharat segment—millions of people living beyond the metros and tier-1 cities.
CureBay’s $21 million Series B funding round marks a major leap in India’s healthcare transformation story. By combining tech innovation with on-ground healthcare delivery, CureBay is setting a new benchmark for equitable, last-mile medical access.
As India continues to invest in digital public infrastructure and universal healthcare, models like CureBay’s may very well define how healthcare is delivered in the next decade—not just to the privileged few, but to every Indian, regardless of location or income.
