# Medulance Healthcare Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medulance-healthcare-pvt

- Industry: Healthcare
- Headquarters: New Delhi, India
- Website: www.medulance.com/
- Total disclosed funding: $5.5M
- Latest round: Series A (Sep 4, 2026)
- Investors on record: 4

## About

Based in New Delhi, India and Founded in 2017, Medulance Healthcare Pvt. Ltd. operated 5G ambulances that functioned as mobile hospitals, allowing video consultations with doctors, paramedics, and healthcare staff, as well as real-time streaming of patient health data during critical hours. Pranav Bajaj (CEO) and Ravjot Arora are the co-founders of the company.  In September 2026, Medulance Healthcare Pvt. Ltd. raised INR 240 million in series A funding led by Auxano Capital, with participation from Alkemi Growth Capital and Equentis. The round was part of larger INR 490 million series A funding.

The company provides ambulance services including advanced life support (ALS), basic life support (BLS), patient transport ambulances (PTA), mortuary van and ambulance, and air ambulance. Medulance also offers end-to-end emergency response service, emergency management technology, trained drivers and certified paramedics, and more. The firm provides ambulance services for corporations, hospitals, and the government. The company’s partners include GAAR, JLL, DLF, Nokia, Gartner, Fortum, Cisco, and more.

The enterprise generates revenue through its subscription plans, which include the individual plan for INR 99 per year and the family plan for INR 299 per year mainly by providing technology-enabled emergency healthcare and ambulance services to individuals, hospitals, enterprises, and government organizations. The company earns revenue through ambulance dispatch and transportation fees, recurring contracts with hospitals and corporate clients for emergency response services, fleet management and command-center solutions, and subscriptions for its technology platform that supports ambulance booking, real-time dispatch, clinical connectivity, and connected smart ambulance capabilities. Its revenue is further supported by enterprise healthcare partnerships and emergency medical service programs.

The company plans to use the September 2026 funding to expand its ambulance infrastructure, strengthen its enterprise and hospital business lines, and invest in its technology platform and connected ambulance capabilities.

## Funding rounds

- Series A, Sep 4, 2026, $2.5M — Alkemi Growth Capital, Auxano Capital, Equentis
- Series A, Apr 16, 2024, $3M — Dexter Capital, Alkemi Growth Capital

## Investors

- Dexter Capital — Series A
- Alkemi Growth Capital (https://capitalatlas.ai/funds/alkemi-growth-capital) — Series A
- Auxano Capital (https://capitalatlas.ai/funds/auxano-capital) — Series A
- Equentis (https://capitalatlas.ai/funds/equentis) — Series A