Indian healthtech startup Medulance has raised Rs 24 crore, or about $2.5 million, in a Sequence A-2 funding spherical because it seeks to broaden its emergency healthcare community throughout the nation.
The spherical included investment from Auxano Capital, Alkemi, Equentis and a bunch of angel investors.
Medulance stated the funding will probably be used to broaden its emergency response infrastructure throughout India, strengthen its hospital and enterprise companies, and make investments additional in its expertise platform and related ambulance providers.
Based by Pranav Bajaj and Ravjot Singh Arora, the startup gives tech-enabled ambulance and pre-hospital emergency providers to people, hospitals, companies and authorities organisations.
In response to the startup, its community contains greater than 15,000 ambulances throughout greater than 500 cities, whereas its providers cowl greater than eight million individuals and deal with about 5,000 emergency calls a day.
The startup combines ambulance operations with technology-led dispatch, fleet-management methods, command centres and real-time medical connectivity.
It has additionally developed 5G-enabled ambulances designed to transmit affected person knowledge to hospital dashboards throughout transit, help camera-based visible evaluation and permit medical groups to watch sufferers earlier than they attain hospital.
Medulance studies a median response time of under 11 minutes and fleet uptime of 95%. It additionally serves greater than 110 company and hospital purchasers.
Pranav Bajaj, co-founder and CEO of Medulance, stated “Emergency healthcare is in the end about guaranteeing that assist is offered when it issues probably the most.”
He stated the chance was to make the corporate’s infrastructure “extra related, extra dependable and more and more technology-led”.
Brijesh Damodaran, accomplice at Auxano Capital, stated Medulance had demonstrated that emergency healthcare could possibly be developed as a “scalable, technology-led enterprise” whereas addressing a essential infrastructure hole.
Medulance stated India’s healthcare infrastructure had expanded considerably, however the emergency response system connecting sufferers with healthcare suppliers remained fragmented. It recognized skilled medical response, technology-enabled dispatch, real-time medical info and stronger hospital coordination as key to enhancing emergency care.
India’s ambulance providers market was valued at $5.5 billion in 2025 and is forecast to succeed in $9.8 billion by 2034, in accordance with analysis agency IMARC Group, which expects a median annual development price of 6.33% between 2026 and 2034.
Medulance beforehand raised $3 million in a Sequence A funding spherical led by Alkemi Development Capital in 2024.
The most recent funding will probably be used to deepen its presence in current markets, broaden into new cities and additional develop its technology-led emergency healthcare infrastructure.