India, Oct. 22 -- Healthtech startup CureBay raised around Rs.100 Cr ($10.6 Mn) in a pre-Series C funding round, comprising over Rs.69 Cr in equity led by IvyCap Ventures alongside existing investors and around Rs.30 Cr in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners.

CureBay cofounder and CEO Priyadarshi Mohapatra told Inc42 that the round came amid strong investor interest. The startup will use the proceeds to expand geographically, strengthen its delivery network and invest in its AI and technology capabilities.

The healthtech startup, which currently operates in Odisha, Chhattisgarh, Jharkhand, Bihar, plans to enter Telangana and Andhra Pradesh markets next. It aims to grow its network of rural clinics from 2...