C
Curebay
On a mission to bridge the healthcare gap in the Indian healthcare system
About Curebay
Curebay is a health-tech company established in 2020 and officially incorporated in December of that year, with operations beginning in 2021. The company was founded by Priyadarsi Mohapatra, Shobhan Mahapatra, and Sanjay Swain, who were motivated by the healthcare disparities between urban and rural India that became evident during the COVID-19 pandemic. The founders leverage extensive experience from the technology and consumer sectors. CEO Priyadarsi Mohapatra previously held leadership roles at Google, Microsoft, and SAP and co-founded a venture-capital-funded jewelry chain, Oyzterbay, which was later acquired. Co-founder Shobhan Mahapatra brings over two decades of experience from the manufacturing and IT service sectors, including a role as CIO at Birlasoft. Co-founder and CTO Sanjay Swain has a deep background in technology, with previous positions at Nielsen, TIBCO Software, and Tata Consultancy Services.
Curebay operates on a hybrid 'phygital' model designed to provide accessible and affordable healthcare to underserved populations in rural and semi-urban India. The business structure is a hub-and-spoke network, consisting of satellite e-clinics that connect patients in remote areas with healthcare providers digitally. This model addresses the significant gap in primary healthcare by reducing the need for patients to travel long distances to urban centers for quality medical attention. The company targets individuals and families in these regions who face barriers to accessing medical services due to limited infrastructure and a shortage of local specialists. Revenue is generated through the provision of these healthcare services.
The company's platform offers a comprehensive suite of services. These include scheduling doctor appointments, facilitating teleconsultations, delivering medicine, and managing diagnostic testing needs. A key feature is a concierge service that assists patients with admission to tertiary care at partner hospitals, ensuring support from admission to discharge. Through its network of over 100 e-clinics primarily in Odisha and Chhattisgarh, Curebay has provided services to more than 175,000 patients. To fuel its expansion, the company has successfully raised significant capital, including a Series A round and a $21 million Series B round in May 2025, with major investors like Elevar Equity and Bertelsmann India Investments.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Bhubaneswar Municipal Corporation, India
- Employees
- 72
- Open positions
- 1
- Dealroom signal
- 57.6/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, Health Platform
- Sector
- Biotech & Life Sciences, Healthcare Services, Electronic Health Records (EHR), Biotechnology, Telemedicine, Mobile Clinics, Biotech and Pharma
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Aug 2026 | $0 | — | VentureSoul Partners | ↗ |
| SERIES B✓Equity / VC | May 2025 | $21M | $84M | Elevar Equity · Bertelsmann Investments · British International Investment | ↗ |
Growth signals
Latest recorded traffic for Curebay is 19K monthly website visits, down 53.7% over the last three months. Curebay's team grew 0% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Elevar Equity
Bertelsmann Investments
British International Investment
Series B and later1 investor entered at this stage
VentureSoul Partners
Other known investors1 additional known investor
Stride Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Curebay on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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