India April 04 2023: CureBay, an innovative health-tech platform focused on bringing high-quality and affordable healthcare to underserved patients in rural India, has announced the appointment of Vasant Nangia as President effective 3 April. In his new role, Nangia will forefront CureBay’s operations and spearhead its efforts to augment its reach and impact across the region.
With Vasant’s appointment, CureBay now aims to rapidly scale up from its current 30 e-clinics and pharmacies to building a world-class health-tech enterprise, by harnessing innovative technology and rapidly building seamless infrastructure across geographies.
An alumnus of IIM Calcutta, Vasant Nangia recently stepped down as the CEO of Chumbak Design, a home and lifestyle retailer acquired by GOAT Brand Labs earlier this year.
Having built a crack team with domain experts in healthcare and technology, Priyadarshi, Founder & CEO of CureBay, while sharing his views on bringing in Vasant, said “Vasant brings in years of experience not just in transformational leadership but also in executional excellence. His onboarding will help the entire leadership team at CureBay as we make strong strides towards redefining how affordable healthcare services will be made accessible to a billion people. I am eagerly looking forward to growing CureBay by leaps and bounds as we start this new financial year together.”
Speaking on his appointment and collaborating with Priyadarshi for the third time, Vasant Nangia, said, “I am delighted to collaborate once again with Priyadarshi and equally thrilled to be a part of CureBay. The platform’s outstanding work in connecting patients from underserved markets to reliable healthcare providers across the chain is truly commendable. I am excited to join the stellar team at CureBay to take its operations to the next level and make a positive impact. It is an honour to be a part of an organization that is dedicated to improving healthcare access and outcomes for millions of individuals in rural India, and I am excited to contribute my expertise and experience towards this noble cause.”
Both the industry veterans along with a few colleagues introduced the Karatmeter, a device to quickly and non-destructively measure the purity of gold, that transformed the jewellery industry and catapulted an ailing Tanishq to becoming the blockbuster revenue and profit earner for Titan.
Following his successful tenure at Tanishq, Vasant co-founded Oyzterbay.com along with Priyadarshi to provide contemporary and affordable jewellery for the burgeoning young Indian population. The Oyzterbay team was acquihired by the US-based Fossil Group in 2007 where Vasant further played a vital role in establishing Fossil India as one of the group’s largest global subsidiaries. He then relocated to Hong Kong as Fossil Group’s Senior Vice-President.
Co-founded in 2022 by Priyadarshi Mohapatra along with Shobhan Mahapatra and Sanjay Swain, CureBay was established with the goal of creating a similar transformation in healthcare – building an innovative model for delivering last mile in healthcare services through a tech leveraged hybrid model. The platform has recently closed a Series A funding round of INR 50 crore led by Elevar Equity, positioning the organization for further growth and expansion.