"Medulance Raises $3 Million in Series A Funding to Enhance Emergency Healthcare Services and Expand Nationwide"
Medulance Raises $3M in Series A Funding
Medulance's Series A Funding
Key Highlights:
- Series A Funding: Medulance, an emergency healthcare services company based in New Delhi, raised $3 million in Series A funding.
- Investors: Alkemi Growth Capital led the round, with participation from Dexter Capital, Aman Gupta, and Namita Thapar.
- Expansion Plans: Medulance aims to expand its presence across India, focusing on improving emergency management technology and reducing response times in over 500 cities.
Medulance's Target Market
- Target Market: Medulance provides emergency medical services to individuals and organizations in India.
- Corporate and Public Healthcare: Offering comprehensive solutions for corporate and public healthcare needs, including stationed ambulances and 5G smart medical clinics.
- Event Medical Support: Providing medical support at events like the IPL and ICC Men's Cricket World Cup.
What Medulance Needs to Buy
- Emergency Medical Equipment and Vehicles: Procuring ambulances and medical equipment to support their emergency medical services.
- Technology and Telemedicine Solutions: Investing in advanced diagnostics, telemedicine, and emergency management technology to enhance their services.
- Partnerships and Collaborations: Establishing public-private partnerships and collaborations to expand their services to more regions and states.