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NEW DELHI: Medulance, a player in the emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. The funds will be used to increase its presence across the country, while focusing on emergency management technology. This includes a further reduction in emergency call answering time and emergency services response time in more than 500 cities in India, says a company statement.
The funding round also saw participation from marquee investors such as Dexter Capital, Aman Gupta, and Namita Thapar. Medulance has secured the funding after running as a profitable bootstrapped company for six years.
Medulance aims to make a large-scale impact in a populous country like India where the incidence of acute life-threatening diseases is also high, by reaching Tier 2 and Tier 3 cities.
In the next 15-18 months, Medulance plans to expand to over 1000 cities in the country, prioritizing patient safety and quality of care in every region
The funding round also saw participation from marquee investors such as Dexter Capital, Aman Gupta, and Namita Thapar. Medulance has secured the funding after running as a profitable bootstrapped company for six years.
Medulance aims to make a large-scale impact in a populous country like India where the incidence of acute life-threatening diseases is also high, by reaching Tier 2 and Tier 3 cities.
In the next 15-18 months, Medulance plans to expand to over 1000 cities in the country, prioritizing patient safety and quality of care in every region
