Bhubaneswar: City-based rural healthtech startup CureBay has raised nearly Rs 100 crore in a pre-Series C funding round to expand its healthcare network and strengthen AI-led clinical services across India.The round includes Rs 69 crore in equity led by IvyCap Ventures, with participation from existing investors, and more than Rs 30 crore in debt from Trifecta Capital, Alteria Capital and VentureSoul Partners.Founded in Bhubaneswar in 2021, CureBay aims to bring quality healthcare closer to rural and underserved communities. The company operates through IoT-enabled clinics, a network of Swasthya Mitras, connected digital platform, AI-based screening and risk alerts, a 24/7 command centre and CureBay Kavach, creating an integrated system for prevention, diagnosis and care.The fresh capital will be used to enter new markets, including Andhra Pradesh. The company will also invest further in its proprietary technology and AI capabilities, including its intelligence layer, to improve screening, health insights and clinical decision-making.Priyadarshi Mohapatra, founder and CEO of CureBay, said rural India needs an end-to-end healthcare system rather than just another app.“This capital lets us take that operating system to more states and make our AI do the heavy lifting, so that every family gets the right care at the right time, close to home,” he said.Vikram Gupta, founder and managing partner of IvyCap Ventures, said CureBay’s combination of technology and a strong on-ground healthcare network makes its model compelling.“As India works towards expanding access to quality healthcare across Bharat, we see significant potential in the company’s approach,” he said.CureBay currently serves seven states through more than 250 technology-enabled clinics. Its network includes over 1,800 Swasthya Mitras, 530 trained clinical staff, 230 doctor partners and 210 partner hospitals and laboratories. The company said it has served more than 17 lakh patients and conducts over 400 health camps every month.CureBay also works with govt on healthcare delivery initiatives and has been named the healthcare partner for Samriddhi Kendra, a Govt of India initiative.