Medulance raises $2.5M to expand India's ambulance network
What's the deal? MedulanceDealroom has a profile for this one. Try Dealroom →, a New Delhi-based emergency response startup, has raised ₹24 crore ($2.5 million) in a Series A round. Auxano CapitalDealroom has a profile for this one. Try Dealroom →, Alkemi Growth CapitalDealroom has a profile for this one. Try Dealroom →, and EquentisDealroom has a profile for this one. Try Dealroom → led the round, with participation from angel investors.
What's the endgame? Founded in 2017 by Pranav Bajaj and Ravjot Singh Arora, Medulance runs a GPS-based ambulance booking and dispatch service across India. The startup will use the capital to expand emergency services nationwide, grow its hospital and enterprise business, and improve its connected-ambulance technology.
By the numbers: Medulance claims more than 15,000 ambulances across over 500 cities, a network covering more than 8 million people, and around 5,000 emergency calls a day. It reports an average response time under 11 minutes, 95% fleet uptime, and more than 110 corporate and hospital clients.
How it works: The fleet includes advanced life support, basic life support, patient transport, and mortuary vans. Using GPS and 5G-enabled technology, ambulances share patient health data with hospitals in real time and use cameras that let doctors assess patients remotely before arrival.
Why now? India's emergency healthcare system remains fragmented, with ambulance operators, hospitals, and medical teams often working across disconnected systems that create gaps in response times. Medulance has raised over $5 million to date, including a $3 million Series A led by AlkemiDealroom has a profile for this one. Try Dealroom → Growth Capital in 2024.
The signal: India's ambulance services market reached $5.5 billion in 2025 and is projected to hit $9.8 billion by 2034, a compound annual growth rate of 6.33%. Yet at $2.5 million, this round sits among the smaller funding events — roughly the 23rd percentile by amount — underscoring that organised pre-hospital care is still an early, capital-light bet in a large and fragmented market.
Read more: inc42.com
Image credit: Generated with Gemini
