Consulting a physician often entails a complex and time-intensive experience, as the conventional healthcare framework typically necessitates scheduling an appointment, which may not be readily available. Moreover, the journey to the doctor’s clinic can present difficulties, encompassing considerations such as time commitment, transportation logistics, and occasionally, incurred travel costs.
This is where CureBay comes into play – changing how we get medical care and benefiting people far from doctors or hospitals. Continue reading to learn more about Curebay.
What is Curebay?
Odisha-based health tech startup Curebay is a hybrid healthcare platform that aims to connect patients in underserved markets to healthcare providers. The health-tech brand simplifies healthcare by offering a range of services.
They schedule doctor appointments quickly, provide virtual doctor consultations, deliver medications to your doorstep, assist with diagnostic tests, and facilitate hospital admissions through a straightforward booking process. CureBay streamlines your healthcare experience, making it more convenient and stress-free.
Curebay Founders Overview
Curebay kicked off in 2021, thanks to Priyadarshi Mohapatra, Sanjay Swain, and Shobhan Mahapatra. The platform is all about health tech, rooted in Chennai, with an excellent team of 42 individuals.
According to Priyadarshi Mohapatra, CureBay’s mission is to help people in the countryside get their hands on quality yet affordable healthcare – something they often miss out on. They’ve come a long way, overcoming challenges and expanding their reach to more remote places. They’re also working with hospitals to make healthcare more accessible to those living in rural spots.
Curebay’s Funding Overview
On November 9, 2022, CureBay first managed to raise ₹50 Crore, around $6.92 million, in their Series A funding round. Then, they attain an extra Rs 61.8 crore, about $7.5 million, in a follow-up to their Series A round. Elevar Equity led this additional funding. The fact that they got this additional funding shows that investors believe in what CureBay is trying to do and how they will do it.
CureBay plans to utilize its recent funding to enhance healthcare access in underserved locations, focusing on offering high-quality and affordable care. They aim to build an intelligent and robust health data platform and hire over 200 professionals, including data scientists and healthcare experts. Additionally, CureBay is expanding its network of clinics, increasing the count from 90 to over 200 across Odisha and Chhattisgarh and extending services to Jharkhand.
Wrap Up
CureBay’s growth is supported by a diverse group of investors. Key among them are Elevar Equity and InCred Wealth, alongside 24 angel investors, including Bikash Kumar Sarangi. This vital investment support highlights CureBay’s potential to transform healthcare technology and make healthcare more inclusive.
