CureBay raises Rs 62 crore from Elevar, others
The fund will enable the health-tech innovator to continue creating access to high quality and affordable healthcare in under-served locations, build an intelligent and robust health data platform and also to hire over 200 professionals including data scientists, healthcare experts, the startup said in a statement on Saturday.
CureBay, a startup focused on solving primary healthcare in remote locations, has raised Rs 62 crore in a series-A funding round led by Elevar Equity, existing investor as well as its founders and leadership team members.
The fund will enable the health-tech innovator to continue creating access to high quality and affordable healthcare in under-served locations, build an intelligent and robust health data platform and also to hire over 200 professionals including data scientists, healthcare experts, the startup said in a statement on Saturday.
CureBay is also planning to expand its count of clinics from the existing 90 to over 200 across Odisha, Chhattisgarh and also enter Jharkhand, said its founder and chief executive Priyadarshi Mohapatra.
Jyotsna Krishnan, managing partner at Elevar Equity, said, rural households aspire to have affordable access to healthcare services.
CureBay's blended distribution model, augmented with technology, is well-positioned to address this gap wherein millions of customers in medically under-served locations are eager to pay for timely, quality healthcare.
Founded in 2021, CureBay has connected over 100,000 patients in under-served areas with healthcare providers through its tech-based model.
Currently it has over 90 clinics, covering close to 32,000 villages in Odisha and Chhattisgarh.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Andhra Pradesh Lok Sabha Election Winners List 2024: Telugu Desam Party-led alliance clinches victory in AP assembly elections
Maharashtra Lok Sabha Election Results Winner Full List: BJP, allies leading in 20 seats, MVA ahead in 27
Punjab lok sabha election results winners full list 2024 check constituency wise winners and losers candidates name total votes margin bjp congress Shiromani Akali Dal eci gov Gurjeet Singh Aujla Amrinder Singh Raja Amritpal Singh
UP Lok Sabha Election Result LIVE Updates: BJP(34) - INC(7) - SP (36): INDIA alliance gains over NDA in Uttar Pradesh; PM Modi and Rahul Gandhi lead; Smriti Irani trails
Telangana Lok Sabha Election Winners List 2024: Bharat Rashtra Samiti faces major setback, Congress leads
Cochin Shipyard, Engineers India, Bharat Dynamics and NBCC (India): From scaling heights to touching lower circuits, the rise and fall of PSU stocks
17th Lok Sabha Dissolved: PM Narendra Modi submits resignation to President, can he take oath as Prime Minister for the third time?
Gold and Silver rate today (June 3, 2024): Precious metal futures trade under pressure ahead of Lok Sabha election results
Gold and Silver rate today (June 5, 2024): Precious metal futures inch higher; yellow metal above 71,100, white metal was above 89,850
BEL, HAL share price target: Defence stocks under pressure; should you buy or wait? Here's what CLSA says
Kerala Lok Sabha Election Winners List 2024: Shashi Tharoor emerges victorious in Thiruvananthapuram amidst UDF's strong performance
Will NDA form government or will INDIA alliance stake claim? Suspense remains...both fronts have meetings this evening
Lok Sabha Election Results 2024 Live Updates: NDA vs INDIA bloc - Who will form government? Counting to begin at 8 am tomorrow
04:10 PM IST