MeduLance

Delhi, India Founded: 2017 • Age: 9 yrs
Ambulances are located and booked via an app-based platform.

About MeduLance

MeduLance is a Healthcare company based in Delhi (India) founded in 2017 by Pranav Bajaj and Ravjot Singh Arora. Ambulances are located and booked via an app-based platform. MeduLance has raised $7.9 million across 6 funding rounds from investors including LetsVenture, Alkemi Partners and Thapar Vision. The company has 171 employees. Its Indian entity Medulance Healthcare Private Limited reported revenue of β‚Ή54.06 Cr. Its focus areas include HealthTech, Healthcare Booking Platforms, Medical Transportation and Ambulance. Its competitors include HelpNow, Guardians EMS and Rakkshak; 2 of its 3 listed competitors have raised funding.

Company details

MeduLance was founded in 2017 in Delhi, India, as an app-based platform in the healthcare emergency sector. Ambulances are booked by users specifying destinations and types, including Advanced Life Support, Basic Life Support, Patient Transport, and Mortuary vans. Emergency bookings are supported, with payments accepted online or in cash. Operations focus on efficient ambulance dispatch within the region.

  • Headquarters Delhi, India
  • Employees 171
  • Founders Pranav Bajaj, Ravjot Singh Arora
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website medulance.com
  • Social LinkedIn X Facebook
  • Legal Name Medulance Healthcare Private Limited
  • Date of Incorporation 12 Jul, 2017
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹54.06 Cr

    FY 2024 · +106% YoY

  • Net Loss
    -₹11.27 Cr

    FY 2024 · -21% margin

  • EBITDA
    -₹9.47 Cr

    FY 2024 · -18% margin

  • Total Equity Funding
    $7.9M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.54M (USD), Series A

    Sep 2026

  • Investors
    LetsVenture

    & 16 more

  • Employee Count
    171

Funding Insights of MeduLance

MeduLance has successfully raised a total of $7.9M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.54 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.9M
  • Total Rounds 6
  • Last Round Series A β€” $2.54M
  • First Round $241,554

    (Feb 2023)

  • Investors Count 17

All 6 funding rounds of MeduLance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2026$2.54MSeries A–Auxano
Oct 2025$923,320Series A––
Sep 2025$794,836Angel Round–Ashish Bhutani
–
Mar 2025$402,528Series A–Dharmendra Singh, Saraswati Wealth Management
–
Apr 2024$3MSeries A–Alkemi Growth Capital
Feb 2023$241,554Angel Round–Namita Thapar, Aman Gupta
–
Valuation history

17 investors in total: 10 institutional and 7 angel.

Investors in MeduLance

MeduLance has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Alkemi Partners and Thapar Vision.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in early-stage healthcare companies for consumer well-being and growth.
2017alkemivp.comDelhi, India
Pre-seed and seed-stage investments are made across multiple sectors.
dexter.venturesMumbai, India
Venture capital firm supporting startups in consumer goods, food, and technology sectors through funding and guidance.
2022sailthruventures.comDelhi, India
Early-stage investment fund providing seed funding and mentorship to Indian startups.
2021thaparvision.comPune, India
3ipartners.vc
auxano.in
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
cultadvisors.com
equentis.com

Aman Gupta

Co-founder of boAt, Shark Tank India judge, active angel investor
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Investor details for MeduLance

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Board of directors of Medulance Healthcare Private Limited (MeduLance)

Medulance Healthcare Private Limited is the primary company behind MeduLance. The board of Medulance Healthcare Private Limited currently have 2 directors; the longest-serving is Ravjot Singh Arora, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Ravjot Singh Arora
DIN 07672071
Director12 Jul 20179 yrs 3 moMedulance Healthcare Private Limited
Pranav Bajaj
DIN 07672081
Director12 Jul 20179 yrs 3 moMedulance Healthcare Private Limited

People of MeduLance

5 people are tracked at MeduLance (2 in leadership, 3 in team); the tracked headcount is 171.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Narayan Hari
Operations ManagerTeam
Dr. Apurva Sharma
AVP - Partnerships & GrowthTeam
Akshita Sharma
Senior Executive Human ResourcesTeam
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Financials of MeduLance

Figures of Medulance Healthcare Private Limited, the primary company behind MeduLance, for FY 2024. Revenue was ₹54.06 Cr (+106% year on year). Net loss was -₹11.27 Cr (-21% margin). EBITDA was -₹9.47 Cr (-18% margin). Revenue has grown at a compounded annual rate of +51% over three years and +87% over five years.

  • ₹54.06 CrRevenue · FY 2024 · +106% YoY
  • -₹11.27 CrNet loss · -21% margin
  • -₹9.47 CrEBITDA · -18% margin
  • ₹13.9 LakhPaid-up capital
  • 171Employees (provident fund records)
  • +51%Revenue CAGR, 3 years
  • +87%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Medulance Healthcare Private Limited are on its company page.

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Detailed financial statements for MeduLance

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Timeline of MeduLance

3 dated milestones of MeduLance across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded MeduLance is founded.
  2. Funding First funding round of $242K.
  3. Funding Latest funding round, Series A, of $2.5M.

Competitors of MeduLance

MeduLance has 3 listed competitors in our database, 2 of them funded. They include HelpNow, Guardians EMS and Rakkshak.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gethelpnow.in2017Mumbai, India$125,0007
Provider of road ambulance services
guardians.life2022Gurugram, India$270,0006
Emergency network, hospital matching, and medical helpline services are provided.
rakkshak.in2019Delhi, India
Provides an online platform for ambulance booking services.
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Detailed competitors of MeduLance

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Web traffic of MeduLance

The website of MeduLance (medulance.com) receives about 9.4K visits a month.

  • Monthly visits
    9.4K
Similar websites

Websites whose visitors overlap most with MeduLance. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
shuklaambulanceservice.com
shuklaambulanceservice.com
100%
–
zhl.org.in
94%
5.7K#3,753,903View details
manishambulanceservice.com
manishambulanceservice.com
93%
–
aggarwalambulanceservices.com
aggarwalambulanceservices.com
92%
–
vmedo.com
91%
21.3K#1,378,408View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for MeduLance

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  • 9 similar websites
  • Audience overlap
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Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as MeduLance (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 199.65 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Medulance

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Frequently Asked Questions about MeduLance

MeduLance was founded in 2017 and raised its 1st funding round 6 years after it was founded.

MeduLance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

MeduLance is a funded company, having raised a total of $7.9M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $241.55K, raised on Feb 2023.

MeduLance has 171 employees.

The primary company behind MeduLance, Medulance Healthcare Private Limited, reported revenue of β‚Ή54.06 Cr for FY 2024, up 106% year on year.

MeduLance was founded in 2017 in Delhi, India, as an app-based platform in the healthcare emergency sector. Ambulances are booked by users specifying destinations and types, including Advanced Life Support, Basic Life Support, Patient Transport, and Mortuary vans. Emergency bookings are supported, with payments accepted online or in cash. Operations focus on efficient ambulance dispatch within the region.

MeduLance's top competitors include HelpNow, Guardians EMS and Rakkshak.

MeduLance has 17 investors. Key investors include LetsVenture, Alkemi Partners, Thapar Vision, Sailthru Ventures, and Aman Gupta.

MeduLance operates through Medulance Healthcare Private Limited.

The legal entities of MeduLance currently have 2 directors, including Ravjot Singh Arora, Pranav Bajaj.

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