About CureBay
CureBay is a Healthcare company based in Bhubaneswar (India) founded in 2020 by Shobhan Mahapatra, Sanjay Swain, and Priyadarshi Mohapatra. Healthcare services are delivered via an online platform. CureBay has raised $42.67 million across 7 funding rounds from investors including InCred Capital, British International Investment and Bertelsmann India Investments. The company has 42 employees. CureBay was last valued at $20.49 million in October 2022. Its chief executive, as recorded, is Priyadarshi Mohapatra. Its website curebay.com draws about 33 thousand monthly visits. Its Indian entity Curebay Technologies Private Limited reported revenue of ₹70.41 Cr. Its focus areas include HealthTech, Healthcare Booking Platforms and Diversified. Its competitors include MediBuddy, Practo and API Holdings; 3 of its 3 listed competitors have raised funding.
Company details
CureBay was founded in 2020 in Bhubaneswar, India, as an online platform in the healthcare sector. Appointments are scheduled, teleconsultations are conducted, medicines are delivered, diagnostic needs are addressed, and admissions to partner hospitals are facilitated through a booking model and concierge support. Operations focus on patient accessibility in the region.
- Headquarters Bhubaneswar, India
- Employees 42
- Founders Shobhan Mahapatra, Sanjay Swain, Priyadarshi Mohapatra
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website curebay.com
- Social LinkedIn X Facebook
- Legal Name Curebay Technologies Private Limited
- Date of Incorporation 25 Dec, 2020
- Jurisdiction Bhubaneswar, Odisha, India
- Annual Revenue₹70.41 Cr
FY 2025 · +467% YoY
- Net Loss-₹58.10 Cr
FY 2025 · -83% margin
- EBITDA-₹53.49 Cr
FY 2025 · -76% margin
- Total Equity Funding$42.67M (USD)
in 7 rounds
- Latest Funding Round$7.3M (USD), Series B
Oct 2026
- InvestorsInCred Capital
& 34 more
- Employee Count42
Associated legal entities of CureBay
CureBay operates through Curebay Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Curebay Technologies Private Limited CIN U85110OR2020PTC035200 | Active | 25 Dec 2020 | Bhubaneswar, Odisha | ₹70.4 Cr | 42 | 5 | View details |
Funding Insights of CureBay
CureBay has successfully raised a total of $42.67M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7.3 million completed in October 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $42.67M
- Total Rounds 7
- Last Round Series B — $7.3M
- First Round $845,196
(Sep 2022)
- Investors Count 35
All 7 funding rounds of CureBay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2026 | $3.17M | Debt – Conventional | – | – | |
| Oct 2026 | $7.3M | Series B | – | IvyCap Ventures | – |
| May 2025 | $21M | Series B | – | Bertelsmann India Investments | |
| Jan 2024 | $7.42M | Series A | – | Elevar Equity | – |
| Aug 2023 | $30,258 | Series A | – | – | |
| Oct 2022 | $6.08M | Series A | $20.49M | Elevar Equity | |
| Sep 2022 | $845,196 | Angel Round | $10.81M | Bikash Kumar Sarangi, S Ravi Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $20.49M | •••••••• |
| Sep 2022 | $10.81M | •••••••• |
Last known valuation $20.49M (Oct 2022). 35 investors in total: 9 institutional and 26 angel.
Investors in CureBay
CureBay has secured backing from 35 investors, including venture fund and angel investors. Prominent investors backing the company include InCred Capital, British International Investment and Bertelsmann India Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce. | 2006 | elevarequity.com | Bengaluru, India | |
Private debt firm | 2016 | incredcapital.com | Mumbai, India | |
Venture capital firm backed by Bertelsmann | 2012 | biifund.com | Abcoude, Netherlands | |
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
| trifectacapital.in | ||||
| alteriacapital.com | ||||
| venturesoul.in | ||||
| ivycapventures.com | ||||
BK Bikash Kumar Sarangi | unknown_0da235c9c1bb48679 |
Investor details for CureBay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Curebay Technologies Private Limited (CureBay)
Curebay Technologies Private Limited is the primary company behind CureBay. The board of Curebay Technologies Private Limited currently have 5 directors; the longest-serving is Priyadarshi Mohapatra, appointed in 2020. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyadarshi Mohapatra DIN 01812216 | Managing Director | 25 Dec 2020 | 5 yrs 10 mo | Curebay Technologies Private Limited |
| Jyotsna Krishnan DIN 06572288 | Nominee Director | 28 Feb 2023 | 3 yrs 7 mo | Curebay Technologies Private Limited |
| Sanjay Kumar Swain DIN 09543848 | Director | 11 Jun 2025 | 1 yr 4 mo | Curebay Technologies Private Limited |
| Bhaskar Pramanik DIN 00316650 | Director | 01 Jul 2025 | 1 yr 3 mo | Curebay Technologies Private Limited |
| Swati Murarka DIN 11133529 | Nominee Director | 08 Jul 2025 | 1 yr 3 mo | Curebay Technologies Private Limited |
People of CureBay
24 people are tracked at CureBay (9 in leadership, 15 in team); the tracked headcount is 42.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Vijay T | Chief People Officer | Leadership |
Shikha Suman | Leadership Team | Head - Strategic Partnership | Leadership |
Nikhil Gupta | Head Of Finance | Leadership |
Keshula Aade | Head Of Content | Leadership |
Sudarshan Pathi | General Manager Ceo's Office | Leadership |
Prakash Singh | Manager Partner Aquisition | Leadership |
Om Prakash Meher | Clinic Business Manager | Team |
Vasant Nangia | Strategy Counsel | Team |
Prakash Shingadiya | Technical Lead ( Data + Application ) | Team |
Amit Payla | Senior Software Engineer | Team |
Yash Srivastava | Software Engineer Mid | Team |
Anindita Mohapatra Lion 8k | People Experience Architect | Team |
Punit Sharma | Senior Software Engineer | Team |
Vignesh Sivakumar | Software Engineer - Senior | Team |
Rashmita Palai | Software Engineer Mid | Team |
Lalit Das | Sr. Executive MIS Sales And Operations Cure Technologies Pvt. Ltd. | Team |
Naveen Singh | Cluster Manager | Team |
4 more people are available in the full profile.
Complete people profiles for CureBay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of CureBay
Figures of Curebay Technologies Private Limited, the primary company behind CureBay, for FY 2025. Revenue was ₹70.41 Cr (+467% year on year). Net loss was -₹58.10 Cr (-83% margin). EBITDA was -₹53.49 Cr (-76% margin). Revenue has grown at a compounded annual rate of +825% over three years.
- ₹70.41 CrRevenue · FY 2025 · +467% YoY
- -₹58.10 CrNet loss · -83% margin
- -₹53.49 CrEBITDA · -76% margin
- ₹4.75 CrPaid-up capital
- 42Employees (provident fund records)
- +825%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Curebay Technologies Private Limited are on its company page.
Detailed financial statements for CureBay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of CureBay
4 dated milestones of CureBay across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CureBay is founded.
- Funding First funding round of $845K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $7.3M.
Competitors of CureBay
CureBay has 3 listed competitors in our database, 3 of them funded. They include MediBuddy, Practo and API Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medibuddy.in | 2013 | Bengaluru, India | $193.12M | 1,192 | Online platform offering multiple healthcare services | |
| practo.com | 2008 | Bengaluru, India | $227.88M | Doctor appointments are booked and healthcare professionals are consulted online. | ||
| apiholdings.in | 2012 | Mumbai, India | $1.19B | 221 | Digital healthcare tools are offered for pharmacies and clinics management. |
Detailed competitors of CureBay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CureBay
The website of CureBay (curebay.com) receives about 33.1K visits a month.
- Monthly visits33.1K
▼ 0.7% vs previous month
Websites whose visitors overlap most with CureBay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| medibuddy.in | 100% | 1.4M | #38,660 | View details | |
| google.com | 48% | 85.8B | #1 | View details |
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as CureBay (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Related news about Curebay
Complete news archive for CureBay
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Frequently Asked Questions about CureBay
CureBay was founded in 2020 and raised its 1st funding round 2 years after it was founded.
CureBay is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Priyadarshi Mohapatra is the CEO of CureBay, as recorded in our data. They have also founded this company.
CureBay is a funded company, having raised a total of $42.67M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $845.2K, raised on Sep 2022.
CureBay has 42 employees.
The primary company behind CureBay, Curebay Technologies Private Limited, reported revenue of ₹70.41 Cr for FY 2025, up 467% year on year.
CureBay was founded in 2020 in Bhubaneswar, India, as an online platform in the healthcare sector. Appointments are scheduled, teleconsultations are conducted, medicines are delivered, diagnostic needs are addressed, and admissions to partner hospitals are facilitated through a booking model and concierge support. Operations focus on patient accessibility in the region.
CureBay's top competitors include MediBuddy, Practo and API Holdings.
CureBay has 35 investors. Key investors include InCred Capital, British International Investment, Bertelsmann India Investments, Elevar Equity, and Bikash Kumar Sarangi.
The valuation of CureBay is $20.49M as of Oct 2022.
CureBay operates through Curebay Technologies Private Limited.
The legal entities of CureBay currently have 5 directors, including Bhaskar Pramanik, Priyadarshi Mohapatra, Jyotsna Krishnan and others.