Healthcare-Startup Medulance Secures $3 Mn Series A Funding

(MENAFN- IANS) New Delhi, April 16 (IANS) Emergency healthcare provider Medulance on Tuesday announced it has secured $3 million (about Rs 25 crore) in Series A funding.

The funds, which come after running as a profitable bootstrapped company for six years, will be used to increase its presence across the country, with further reduction in emergency call answering time and emergency services response time in more than 500 cities in India, the company said.

The funding round led by Alkemi Growth Capital, also saw participation from marquee investors such as Dexter Capital, Aman Gupta, and Namita Thapar.

“This funding marks an important milestone for Medulance. With the support of our investors, we are poised to scale our operations and further elevate the standards of emergency healthcare across India,” said Pranav Bajaj, Co-founder and CEO of…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.