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CureBay Raises $21 Million in Series B Funding Led by Bertelsmann India Investments

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CureBay Raises $21 Million in Series B Funding Led by Bertelsmann India Investments
It also aims to improve its use of AI and data for better care and smoother operations.


CureBay, a tech-driven healthcare platform based in Odisha, has raised $21 million (around ₹179.4 crore) in its Series B funding round. The round was led by Bertelsmann India Investments. Other investors include Elevar Equity, which has backed CureBay before, and British International Investment, the UK’s development finance institution.

Founded in 2021, CureBay runs over 150 e-clinics in Odisha and Chhattisgarh. These clinics are supported by a network of trained local health workers and a strong tech system. They offer services such as doctor consultations, diagnostic tests, pharmacy access, and referrals to bigger hospitals.

The company’s preventive health program currently has 90,000 members, with more than 60% choosing to renew. CureBay plans to use the new funds to:
Strengthen its technology, Grow its team,Expand operations to new states like Jharkhand, Bihar, Uttar Pradesh, and Madhya Pradesh.

Priyadarshi Mohapatra, CureBay’s founder and CEO, said the funding will help them scale up while staying focused on providing affordable healthcare to rural areas. The company’s approach aligns with key government programs like Ayushman Bharat and the Digital Health Mission.

CureBay will also use the money to upgrade its platform, build custom AI tools, and create rural-first automation systems that could be adapted globally in the future.