When was CureBay founded?

CureBay was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is CureBay located?

CureBay is headquartered in Bhubaneswar, India. It is registered at PLOT NO-A-98 BUDHA NAGAR, LAXMISAGAR, Khordha, BHUBANESWAR, Orissa, India, 751006.

Who is the current CEO of CureBay?

Priyadarshi Mohapatra of CureBay. They have also founded 1 company.

Which legal entities is CureBay associated with?

CureBay is associated with CUREBAY TECHNOLOGIES PRIVATE LIMITED and 2 others.

How many employees does CureBay have?

As of Aug 31, 2025, the latest employee count at CureBay is 96.

Is CureBay a funded company?

CureBay is a funded company, having raised a total of $35.4M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 16, 2022.

How much is CureBay worth?

The latest valuation of CureBay is ₹***** as of May 14, 2025.

When was the latest funding round of CureBay?

CureBay's latest funding was a $***** Series B round on Feb 15, 2025, with participation from 3 investors.

What is the annual revenue of CureBay?

Annual revenue of CureBay is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does CureBay rank among its competitors?

CureBay ranks 2nd amongst 61 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was MediBuddy, which secured $5.9M in Jan, 2026.

Who are the top competitors of CureBay?

CureBay's top competitors include MediBuddy, Bajaj Finserv Health and Ask Apollo. Among them, MediBuddy secured the most recent funding round in January, 2026.

CureBay - 2026 Company Profile, Team, Funding, Competitors & Financials

CureBay is a series B company based in Bhubaneswar (India), founded in 2021 by Shobhan Mahapatra, Priyadarshi Mohapatra and Sanjay Swain. It operates as a Rural healthcare platform integrating clinics, telemedicine, diagnostics, pharmacy, and AI-enabled care. CureBay has raised $35.4M in funding from Elevar Equity and Bertelsmann India Investments, with a current valuation of ₹*****. The company has 61 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like MediBuddy, Bajaj Finserv Health and Ask Apollo.

Company Details

Rural healthcare platform integrating clinics, telemedicine, diagnostics, pharmacy, and AI-enabled care. Its model combines physical clinics, healthcare workers, teleconsultations, diagnostics, pharmacy services, electronic health records, AI-enabled screening and health tools, specialist and hospital referrals, and doorstep care. The platform also offers healthcare memberships and coordinates a network of doctors, hospitals, diagnostic providers, pharmacies, and other healthcare partners.

Website: curebay.com
Social
Email ID: *****@curebay.com
Phone Number: +91 **********
Registered Address: PLOT NO-A-98 BUDHA NAGAR, LAXMISAGAR, Khordha, BHUBANESWAR, Orissa, India, 751006

Key Metrics

Founded Year

2021

Location

Bhubaneswar, India

Stage

Series B

Total Funding

$35.4M in 5 rounds

Latest Funding Round

Series B, Feb 15, 2025, $*****

Post Money Valuation

₹***** as on May 14, 2025

Investors

Elevar Equity & 37 more

Ranked

2^nd among 61 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

96 as on Aug 31, 2025

Similar Companies

MediBuddy & 365 more

View CureBay's full profile

CureBay is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
CUREBAY PHARMACY PRIVATE LIMITED CIN: U74999OR2022PTC041420 , India, Active	Dec 12, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	310 (As on Jul 31, 2024)
CUREBAY CLINICS PRIVATE LIMITED CIN: U86100OR2022PTC041600 , India, Active	Dec 30, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
CUREBAY TECHNOLOGIES PRIVATE LIMITED CIN: U85110OR2020PTC035200 , India, Active	Dec 25, 2020	₹50 - ₹100 Cr (As on Mar 31, 2025)	119 (As on Apr 01, 2026)

CureBay has raised a total funding of $35.4M over 5 rounds. Its first funding round was on Sep 16, 2022. Its latest funding round was a Series B round on Feb 15, 2025 for $*****. 3 investors participated in its latest round. CureBay has 9 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of CureBay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 15, 2025	4079974	Series B	7459292	1288233	4862779	5314286
Dec 23, 2023	9195780	Series A	1555766	7798506	3109773	Vasant Indar Nangia
Aug 26, 2023	6580719	Venture Debt	8168851	8104815	2631794	Stride Ventures

Access funding benchmarks and valuations. Sign up today!

View details of CureBay's funding rounds and investors

The founders of CureBay are Shobhan Mahapatra, Priyadarshi Mohapatra and Sanjay Swain. Priyadarshi Mohapatra is the CEO of CureBay.

Here are the details of CureBay's key team members:

Shobhan Mahapatra: Co-Founder of CureBay. They serve on the board of 1 company.
Contact Info: 1 email address
Priyadarshi Mohapatra: Co-Founder & CEO of CureBay. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Sanjay Swain: Co-Founder & CTO of CureBay.
Contact Info: 1 email address

CureBay's Board of Directors

CureBay's board has 8 active members. Shobhan Mahapatra, Priyadarshi Mohapatra, Jyotsna Krishnan, Sanjay Swain and Swati Murarka are part of team and Bhaskar Pramanik, Sudha Suresh and Arti Ahuja are independent board members.

Here is the list of CureBay's board of directors:

Name	Type	Representing	Status	Duration
Shobhan Mahapatra	Team	-	Current	5y 5m
Priyadarshi Mohapatra	Team	-	Current	5y 8m
Sanjay Swain	Team	-	Current	1y 3m
Jyotsna Krishnan	Investor	-	Current	3y 6m
Swati Murarka	Investor	-	Current	1y 2m
Bhaskar Pramanik	Independent board member	-	Current	1y 2m
iwah{cx	Independent board member	-	Current	9y 1m
cvzusqd	Independent board member	-	Current	4y 2m
ftasoog	Independent board member	-	Past	7y 8m

View details of CureBay's Founder profiles and Board Members

CureBay's employee count trend

CureBay has 96 employees as of Aug 25. The total employee count is 32.0% more than what it was in Aug 24. Here is CureBay's employee count trend over the years:

Uncover CureBay's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of CureBay include MediBuddy, Bajaj Finserv Health and Ask Apollo. Here is the list of Top 10 competitors of CureBay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MediBuddy 2013, Bengaluru (India), Acquired	Provider of health checks lab tests medicine and doctor consultations	$199M	Ales, Quadria Capital & 70 others	76/100
2nd	CureBay 2021, Bhubaneswar (India), Series B	Rural healthcare platform integrating clinics, telemedicine, diagnostics, pharmacy, and AI-enabled care	$35.4M	Bertelsmann India Investments, Stride Ventures ... & 36 others	74/100
3rd	Bajaj Finserv Health 2019, Pune (India), Unfunded	Provider of online doctor consultations, lab tests, and medicine orders	-	-	56/100
4th	Ask Apollo 2013, Hyderabad (India), Unfunded	Telemedicine platform by Apollo Hospital	-	-	53/100
5th	Flip Health 2019, Hyderabad (India), Seed	Provider of an intelligence layer for modern insurance operational workflows	$1.58M	Adwik Advisors, Startupxseed Ventures & 18 others	47/100
6th	Uno care 2023, Indore (India), Funding Raised	Online platform to book healthcare services and related needs	-	K2 Capital Management	37/100
7th	Purple Health 2014, Thiruvananthapuram (India), Seed	Online platform for video consulting with doctors and appointment booking	$295K	Braxton.com, Katabole Technology Venture ... & 10 others	37/100
8th	Jiyyo 2016, Chandigarh (India), Seed	Platform to search prices of medicines and medical procedures	$829K	Cronus Ventures, 91Springboard & 15 others	36/100
9th	EVE Healthcare 2022, Gurugram (India), Seed	Full-stack diagnostic healthcare platform for radiology, pathology, and nuclear medicine services	-	Elecbits, AiSensy & 2 others	33/100
10th	EMed HealthTech 2020, Ahmedabad (India), Unfunded	Provider of application & software development, data analysis, and IT solutions for Healthcare businesses	-	-	31/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on CureBay's competitors? Click here to see the top ones

Founders own 34.05%, Funds (largest shareholder) own 57.43%, Enterprises own 1.44% and Angels own 2.87%. The net worth of CureBay's founders is INR 213Cr as of May 14, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.05%	213Cr	3675589	1178420	6711208	1353473
Priyadarshi Mohapatra	1469974	5621596	4774574	8386988	9552243	5300433
Shobhan Mahapatra	11	14	70	43	36	34
Fund	57.43%	359Cr	2626192	8196478	6053268	5898275
Elevar Equity	9926877	7161187	4400826	1936376	2176922	8721417
Bertelsmann India Investments	6149414	3014541	2642211	7983518	9512977	9819575
InCred Wealth	8	2	1	5	6	1
Enterprise	1.44%	9Cr	7	3	3	5
Angel	2.87%	17.9Cr	71	54	28	87
Bikash Kumar Sarangi	0	0	0	0	0	0
S Ravi Kumar	0	0	0	0	0	0
Other People	0.14%	85.9L	0	0	0	0
ESOP Pool	4.07%	25.4Cr	4785	8571	8021	3535
Total	100.00%	625Cr	5258418	5209911	5823472	2253367