Bhubaneswar, Oct. 24 -- Bhubaneswar-based healthtech startup CureBay has raised nearly Rs 100 crore to expand its rural healthcare network and improve its AI-based services.

The funding includes Rs 69 crore in equity led by IvyCap Ventures, with participation from existing investors. The company has also raised over Rs 30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners, as reported by The Times of India.

Founded in Bhubaneswar in 2021, CureBay provides healthcare services in rural areas through technology-enabled clinics and Swasthya Mitras. It also uses a digital platform and AI tools to screen patients and identify health risks.

The company plans to expand into new markets, including Andhra Pradesh. It w...