About MeduLance
MeduLance is a company based in Delhi (India) founded in 2017 by Pranav Bajaj and Ravjot Singh Arora.. MeduLance has raised $4.44 million across 4 funding rounds from investors including LetsVenture, Alkemi Partners and Thapar Vision. The company has 171 employees as of April 09, 2024. MeduLance operates in a competitive market with competitors including HelpNow, Guardians EMS, Rakkshak, AmbiPalm and Mo Ambulance, among others.
- Headquarter Delhi, India
- Employees 171 as on 09 Apr, 2024
- Founders Pranav Bajaj, Ravjot Singh Arora
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Medulance Healthcare Private Limited
- Date of Incorporation 12 Jul, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$3.15 M (USD)6.89as on Mar 31, 2023
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Net Profit
$268.73 K (USD)-62.09as on Mar 31, 2023
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EBITDA
$377.04 K (USD)-48.26as on Mar 31, 2023
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Total Equity Funding
$4.44 M (USD)
in 4 rounds
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Latest Funding Round
$794.84 K (USD), Angel Round
Sep 03, 2025
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Investors
LetsVenture
& 14 more
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Employee Count
171
as on Apr 09, 2024
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Operations Team
1 people
Co Team
1 people
Leadership Team
1 people
Human Resources and Administration
1 people
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Funding Insights of MeduLance
MeduLance has successfully raised a total of $4.44M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $794.84 thousand completed in September 2025. 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 Total Funding
- Total Rounds 4
- Last Round Angel Round — $794,836
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First Round
First Round
(17 Feb 2023)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Angel Round - MeduLance | Valuation | Ashish Bhutani |
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| Mar, 2025 | Amount | Series A - MeduLance | Valuation | Dharmendra Singh , Saraswati Wealth Management |
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| Apr, 2024 | Amount | Series A - MeduLance | Valuation | Alkemi Growth Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MeduLance
MeduLance has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Alkemi Partners and Thapar Vision. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in early-stage healthcare companies for consumer well-being and growth.
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Founded Year | Domain | Location | |
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Pre-seed and seed-stage investments are made across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital firm supporting startups in consumer goods, food, and technology sectors through funding and guidance.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MeduLance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MeduLance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medulance Comparisons
Competitors of MeduLance
MeduLance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HelpNow, Guardians EMS, Rakkshak, AmbiPalm and Mo Ambulance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of road ambulance services
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| domain | founded_year | HQ Location |
Emergency network, hospital matching, and medical helpline services are provided.
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| domain | founded_year | HQ Location |
Provides an online platform for ambulance booking services.
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| domain | founded_year | HQ Location |
Operates an online platform for booking ambulance services.
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| domain | founded_year | HQ Location |
Emergency ambulance services are offered for medical transport needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medulance
Frequently Asked Questions about MeduLance
When was MeduLance founded?
MeduLance was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is MeduLance located?
MeduLance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is MeduLance a funded company?
MeduLance is a funded company, having raised a total of $4.44M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Feb 17, 2023.
How many employees does MeduLance have?
As of Apr 09, 2024, the latest employee count at MeduLance is 171.
What is the annual revenue of MeduLance?
Annual revenue of MeduLance is $3.15M as on Mar 31, 2023.
What does MeduLance do?
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.
Who are the top competitors of MeduLance?
MeduLance's top competitors include HelpNow, Mo Ambulance and Guardians EMS.
Who are MeduLance's investors?
MeduLance has 15 investors. Key investors include LetsVenture, Alkemi Partners, Thapar Vision, Sailthru Ventures, and Aman Gupta.