Medulance Shark Tank India Season 2
Medulance
Leading provider of complete emergency response services with a focus on technology, Medulance Healthcare provides a wide range of medical services.
Founder of Medulance
Pranav Bajaj and Ravjot Singh Arora are the company’s founders.
Medulance Funding Round
Company Name | Medulance |
Shark Tank India Season | 2 |
Episode No | 35 |
Season No | 2 |
Brand | Medulance |
Idea | Ambulance services |
Original Ask | 2 Crores for 1% Equity |
Deal | 2 Crores for 2% Equity |
Invested By: | Namita Thapar, Aman Gupta and Peyush Bansal |
At the core of Medulance's pitch was a commitment to leveraging technology to streamline and optimize ambulance services. Their platform utilized advanced algorithms and real-time tracking to connect patients in need with the nearest available ambulance efficiently. With features such as live tracking, in-app communication, and electronic health records, Medulance aimed to provide a seamless and transparent experience for both patients and healthcare providers during emergencies.
The Pitch:
Medulance entered the tank with a mission to modernize and improve ambulance services across the country. Their idea was to provide efficient and reliable emergency medical transportation through a tech-driven platform. With an original ask of 2 Crores for 1% equity, Medulance sought investment to scale their operations, enhance their technology infrastructure, and expand their fleet of ambulances to serve more communities.
The Deal:
Medulance's pitch resonated with Namita Thapar, Aman Gupta, and Peyush Bansal, who recognized the potential impact of their innovative approach to ambulance services. Securing a deal with the trio of investors, Medulance gained not only the financial backing they needed but also strategic partners with expertise in scaling tech-enabled businesses. With their support, Medulance is poised to expand their reach, improve response times, and save more lives through their cutting-edge ambulance services.
Investors Behind Medulance
Namita Thapar, Aman Gupta and Peyush Bansal: With the backing of Namita Thapar, Aman Gupta, and Peyush Bansal, Medulance is well-positioned to revolutionize the emergency medical transportation landscape. The investment will enable Medulance to invest in technology development, fleet expansion, and market expansion efforts, further solidifying their position as leaders in the field of ambulance services.
Conclusion:
Medulance's success on Shark Tank India Season 2, Episode 35 exemplifies the power of innovation and technology to drive positive change in critical sectors such as healthcare. As they continue to expand their operations and improve their services, Medulance serves as a beacon of hope for patients in need of urgent medical care, demonstrating the transformative potential of tech-driven solutions in saving lives during emergencies.