"Healthcare startup CureBay raises Rs 62 crore in funding round led by Elevar Equity"

"Healthcare startup CureBay raises Rs 62 crore in funding round led by Elevar Equity"

• By Staff Writer

Healthcare startup CureBay has raised around Rs 62 crore in a funding round led by existing investor Elevar Equity.

The company said the funds will be used in creating access to affordable healthcare in medically underserved locations, build a data platform, and hire tech and healthcare talent.

CureBay had earlier raised Rs 50 crore funding from Elevar Equity in November 2022.

“The company aims to focus on driving profitability and data monetisation by investing in recurring revenue streams such as its membership programme and building its data practice - both in technology and on the go-to-market front,” it said in a statement.