Healthtech startup Curebay raises Rs 100 crore

What happened: Rural healthcare startup Curebay raised about Rs 100 crore led by IvyCap Ventures, with existing investors including Elevar Equity and Bertelsmann India Investments participating. Key numbers: About Rs 100 crore total; roughly Rs 30 crore of it was debt from Trifecta Capital, Alteria Capital and VentureSoul Partners. Why it matters: Curebay will use the capital to expand its footprint, strengthen technology and AI capabilities, and enter new markets including Andhra Pradesh, CEO Priyadarshi Mohapatra told ET.

Rural healthcare startup Curebay raised about Rs 100 crore led by IvyCap Ventures, with existing investors including Elevar Equity and Bertelsmann India Investments participating.

Curebay will use the capital to expand its footprint, strengthen technology and AI capabilities, and enter new markets including Andhra Pradesh, CEO Priyadarshi Mohapatra told ET.