Funding · Healthcare & Life Sciences

Medulance raises ₹24 crore in Series A-2 funding

By Startup Enthusiast · 4 September 2026

Date: 4 September 2026
Company: Medulance
What it does: Emergency response and ambulance service
Kind: Funding
Amount: ₹24 Cr
Stage: Series A-2
Based in: New Delhi
Founded: 2017
Sector: Healthcare & Life Sciences

What they do

Medulance operates a GPS-based emergency response platform that connects hospitals, enterprises, and individual consumers to a large network of medical…

What happened

The company secured ₹24 crore in a Series A-2 round featuring participation from Auxano Capital, Alkemi, Equentis, and various angel investors

Why it matters

The startup plans to use these funds to expand its ambulance infrastructure and enhance its technology platform for connected emergency healthcare services

The details

Medulance secured a ₹24 Cr Series A-2 funding round.
The round saw capital from Auxano Capital, Alkemi, Equentis, and individual angel investors.
The startup dispatches and tracks medical transport vehicles using location-tracking technology.
Medulance will use the fresh capital to grow its physical vehicle fleet and support hospital and corporate clients.
The company will also funnel resources into building smarter connected vehicle software.
The firm intends to strengthen operations across current hubs while launching in fresh territories.

The bigger picture

India has a highly fragmented emergency care ecosystem with disjointed networks slowing down hospital transit.
The domestic medical transit sector stood at $5.5 billion in 2025 and could expand to $9.8 billion by 2034.
Backers identified Medulance as an economically viable operation capable of bridging critical gaps in emergency infrastructure.

About the business

Medulance manages a fleet of over 15,000 ambulances including ALS, BLS, patient transport, and mortuary vans.
The service operates in more than 500 cities across India.
The platform handles around 5,000 emergency calls daily.
The company serves over 110 corporate and hospital clients.
Its technology includes 5G-enabled smart ambulances with real-time patient telemetry and CCTV-based visual triage.
The business model relies on a centralised command centre and fleet management tools to ensure a 95% fleet uptime.
Vehicles reach calling patients in under 11 minutes on average.

What happens next

Deepen market penetration in existing locations.
Expand operations into new cities.
Enhance connected ambulance technology capabilities.

The deal

Type: funding

Investors

Alkemi (existing) — An existing backer that led the company's previous $3M Series A round.
Auxano Capital (participated) — Led by Managing Partner Brijesh Damodaran.

Founders

Pranav Bajaj, CEO
Ravjot Singh Arora, Co-founder

About Medulance

Product: healthcare services provider
Customers: Individuals, hospitals, businesses and government organizations requiring ambulance and emergency response services
How it makes money: App and phone-based ambulance dispatch with connected fleet management and real-time hospital coordination
What sets it apart: 5G-enabled technology for real-time patient data sharing and GPS-based dispatch across 500+ cities

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