India, May 20 -- Healthtech startup CureBay has raised $21 Mn (about INR 179.5 Cr) in its Series B funding round led by Bertelsmann India Investments. The round also saw participation from its existing investors Elevar Equity and new investor British International Investment.

The Bhubaneswar-based startup said it will use the capital to improve its AI and data capabilities for providing better predictive care in underserved areas. Besides, it plans to use the funds to expand its footprint to new states like Jharkhand, Bihar, Uttar Pradesh and Madhya Pradesh.

Founded in 2021 by Priyadarshi Mohapatra, Shobhan Mahapatra, and Sanjay Swain, CureBay operates a healthtech business that helps patients in underserved areas connect with healthcar...