Medulance, a technology-enabled emergency healthcare and pre-hospital response company, has raised Rs 24 crore ($2.5 million) in a Series A-2 funding round. The round includes Auxano Capital, existing backers Alkemi Growth Capital and Equentis, and a group of angel investors. The fresh capital will support pan-India emergency services expansion, enterprise and hospital business growth, and improvements to technology and connected ambulance capabilities.
Funding Allocation and Business Expansion
The company plans to use the new capital to expand its national footprint and deepen its ambulance infrastructure. It will also strengthen its technology stack and scale 5G-enabled smart ambulances with real-time clinical capabilities. Medulance has now raised a total of $5 million across two funding rounds, including a $3 million Series A round led by Alkemi Growth Capital in 2024.
Founded in 2017 by Pranav Bajaj and Ravjot Singh Arora, Medulance provides app- and phone-based ambulance booking and dispatch services. Its fleet includes advanced life support, basic life support, patient transport, and mortuary vans. The startup uses technology to manage ambulances, emergency calls, and dispatch while connecting patients with medical teams and hospitals in real time.
Emergency Response Network and Operational Metrics
Medulance claims a network of more than 15,000 ambulances across over 500 cities. The platform covers more than 80 lakh people and handles around 5,000 emergency calls every day. Its presence spans enterprises, hospitals, government bodies, and individual consumers.
The company reports an average response time of less than 11 minutes and fleet uptime of 95 per cent. It serves more than 110 corporate and hospital clients through recurring enterprise contracts. These metrics reflect the scale and reliability of its coordinated emergency response model.
Connected Ambulance and Clinical Technology
Its GPS- and 5G-enabled ambulances can share patient health data with hospitals in real time. Cameras in the vehicles allow doctors to assess patients remotely before they arrive at a hospital. The platform integrates ambulances with centralised dispatch, fleet management tools, command centre operations, and live clinical connectivity.
Market Opportunity and Investor Outlook
India's emergency healthcare system remains fragmented, with ambulance operators, hospitals, and medical teams often working across disconnected systems. This creates gaps in response times and coordination, while organised pre-hospital care is seeing rising demand. The country's ambulance services market reached $5.5 billion in 2025 and is projected to grow to $9.8 billion by 2034, registering a CAGR of 6.33 per cent between 2026 and 2034.
Pranav Bajaj, co-founder and chief executive officer, said the company is prioritising a sustainable, technology-led model with a focus on making emergency infrastructure more connected and reliable. Brijesh Damodaran, managing partner at Auxano Capital, said Medulance has shown that emergency healthcare can be structured as a scalable business while addressing a gap in India's health infrastructure. He added that network density and institutional relationships position the company to leverage technology and scale further.
With the latest capital, Medulance plans to enter new cities, deepen its presence in existing markets, and continue developing technology-led emergency healthcare infrastructure. The funding supports the company's goal of making emergency response more connected and reliable across India. As demand for organised ambulance and pre-hospital care grows, the investment positions Medulance to close coordination gaps and strengthen its national emergency response network.