Elevar Equity leads $6m funding in CureBay and India deals worth $87m

Odisha-based healthtech platform CureBay on Wednesday announced that it has raised about $6.1 million (Rs 50 crore) in its Series A funding round led by early-stage venture capital firm Elevar Equity.

The startup will use the funds for hiring, strengthening technology platform, and to expand to new locations. CureBay plans to launch 100 e-clinics in the next 12 months from 15 at present, it said in a statement.

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