Ambulance Tech Platform, Dial4242, Raises ₹9 Crore in Pre-Series A Round Led by IAN Group and Strategic Partners

Dial4242, India’s leading tech-enabled ambulance service platform, has raised ₹9 crore in a Pre-Series A funding round led by IAN Group, with additional participation from BioAngels, IIM Bangalore’s NSRCEL, and other prominent angel investors.

The funds will be used to strengthen Dial4242’s mission of ensuring ambulance availability across India by reducing its current turnaround time (TAT) from 12 minutes to under 8 minutes. The company will also invest in technology upgrades, marketing, expansion of medical centers in underserved areas, and key leadership hires.

Founded in 2016 by Jeetendra Lalwani, along with co-founders Nilesh Mahambre and Atin Verma, Dial4242 operates the country’s largest on-demand ambulance network, covering 850+ cities. The platform provides real-time ambulance tracking, automated dispatch, and a 24x7 call center—addressing India’s long-standing issues of emergency response time and accessibility.

With its asset-light and tech-first model, Dial4242 has built strategic partnerships with major players such as Amazon, Zomato, and Swiggy, offering medical support to gig workers nationwide. Its average turnaround time of under 12 minutes makes it the fastest in the country.

“The loss of my father, my greatest inspiration, was the most painful moment of my life—but it sparked a mission to turn grief into impact. This became a mission to ensure that no life is lost due to the unavailability of an ambulance,” said Jeetendra Lalwani, Co-founder of Dial4242.

Padmaja Ruparel, Co-founder, IAN Group, said, “Dial4242 is truly solving a real problem and surely a need that can arise any time. This team led by Jeetendra has already established the operations on a strong footing with a robust business model with a direct focus on saving lives. Dial4242 brings excellent execution with empathy!”

Dial4242 will use the funds to strengthen its tech platform, boost trip volumes through marketing, launch free ambulance services through a low-cost membership, set up medical centers in key areas, and expand its product, business, and operations teams.

Over the next 12 months, the company aims to deepen hospital partnerships, grow its retail user base, and maintain the fastest emergency response standard in India. Dial4242 has been recognized for its innovation and impact in healthcare by ET Now and has received the prestigious Maharashtra Startup Innovation Award.

About Dial4242

Dial4242 is India’s fastest-growing platform for tech-enabled, on-demand ambulance services. Operating in over 850 cities, it provides swift, affordable, and reliable emergency medical transportation supported by robust technology, a dedicated call center, and India’s largest aggregated ambulance network.

About IAN Group

IAN Group is the country’s single largest platform for seed and early-stage investment, with IAN Angel Network, BioAngels, IAN Fund I, and IAN Alpha Fund enabling entrepreneurs to raise from ₹50 lakhs to ₹50 crores. The platform brings money, mentoring from successful entrepreneurs, and global market access. It is sector-agnostic and has funded innovative startups across 19 sectors in India and 7 other countries, thereby growing the global footprint of companies. IAN has been listed by Forbes as one of the iconic business and economic events of Independent India over the last 75 years, alongside LIC, NASSCOM, RBI, and Naukri.com.

South India's 1st 5G-Enabled Ambulance Service Launched by Gleneagles Hospital Kengeri and Medulance

Gleneagles BGS Hospital, Kengeri proudly announces the launch of South India's first 5G-enabled ambulance service in partnership with Medulance. This innovative deployment marks a significant milestone in emergency medical response, leveraging cutting-edge technology to provide unparalleled patient care.

In the initial phase, five 5G-enabled ambulances is covering the immediate neighbourhood of the hospital, while the second phase will see an additional five ambulances extending coverage to neighbouring districts, further enhancing emergency response capabilities across the region.

The launch event was feature Sri Sri Prakashnath Swamiji, Managing Director, BGS & SJB Group of Institutions; Smt Anita B Haddannavar, IPS, Deputy Commissioner of Police, Traffic West Division, Bengaluru City; Anurag Yadav, CEO, Gleneagles India; Biju Nair, CEO, Gleneagles Bengaluru Cluster; Ravjot Singh Arora, Co-founder and COO, Medulance; Pranav Bajaj, Co-founder and CEO, Medulance; and Namita Thapar, Executive Director of Emcure Pharmaceuticals and Investor, Medulance.

The 5G-enabled ambulances are equipped with high-speed connectivity from Reliance Jio, enabling real-time, two-way audio and video communication. They also feature cameras and smart devices for high-definition footage transmission, along with Advanced Life Support (ALS) systems for critical medical interventions. These ambulances facilitate real-time streaming of patient health data to distant doctors and transmission of vital signs to emergency room dashboards. Additionally, they incorporate ambulance location tracking for efficient dispatch and navigation, as well as remote monitoring capabilities allowing doctors to guide paramedics.

With faster response times due to real-time data relay and monitoring, the ambulances reduce response times to less than 4 minutes in corporate settings. Patients benefit from real-time clinical assessment and immediate medical intervention during transit, along with remote assistance from doctors, enabling treatment during the commute. Effective use of the 'Golden Hour' and 'Platinum 10 Minutes' for critical care significantly improves survival rates in emergencies like heart attacks and strokes. Moreover, these ambulances enhance healthcare access in rural and remote areas and facilitate seamless data sharing with hospitals to prepare for incoming patients. The higher bandwidth and ultra-low latency of the 5G network ensure efficient data transfer, while integration with corporate wellness programs helps reduce healthcare costs and improve employee health outcomes.

Pranav Bajaj, Co-founder and CEO, Medulance, commented on the partnership, "Today, we mark a significant milestone in revolutionising emergency medical response. Our 5G-enabled ambulances, in partnership with Gleneagles BGS Hospital, Kengeri, will set a new standard for patient care. With cutting-edge technology, we're bridging the gap between emergency and treatment, ensuring timely and informed care. This innovation is a testament to our commitment to saving lives and shaping the future of healthcare.”

Ravjot Singh Arora, Co-founder and COO, Medulance said,”The launch of 5G-enabled ambulances is a dream come true for us. We've always envisioned a future where technology meets healthcare to save lives. With this innovation, we're empowering paramedics, doctors, and patients to connect in real-time, making emergency response more efficient and effective. We're proud to be at the forefront of this revolution in healthcare."

Anurag Yadav, CEO, Gleneagles India, expressed enthusiasm, stating, "We are thrilled to introduce the first 5G-enabled ambulance service in South India. This initiative is a part of our larger strategy to revolutionise emergency medical services across all Gleneagles hospitals, ensuring that we provide the highest level of care to our patients."

Biju Nair, CEO, Gleneagles Bengaluru Cluster, emphasised the hospital's commitment to excellence in emergency care, saying, "Achieving excellence in emergency care is a cornerstone of our mission at Gleneagles Bengaluru. The introduction of 5G-enabled ambulances is significantly enhancing our ability to provide immediate, high-quality medical intervention, setting a new standard for emergency response in the region."

This pioneering step reaffirms Gleneagles BGS Hospital's commitment to integrating advanced technology in healthcare, ensuring better outcomes for patients and setting new benchmarks in emergency medical services.

The Gleneagles Hospitals Bengaluru Cluster, an eminent duo of healthcare institutions that stand as pillars of medical excellence and compassionate care in the heart of Bengaluru. As integral parts of Gleneagles Healthcare India, aligned with the global reach and expertise of IHH Healthcare, these hospitals are a testament to our commitment to providing exceptional patient care, driven by a dedication to medical excellence, innovation, and patient-centricity.

Medulance is an innovative and first-of-its-kind integrated emergency healthcare service provider in the country that offers fast and reliable first-point medical attention. With an aim to save lives, Medulance responds to medical emergencies promptly, if and when they arise, in a manner that is quick, professional, and at par with international standards. Using its efficient dispatch technology and 5G-enabled smart ambulances, Medulance has been able to bring down the average response time from 45 minutes to under 11 minutes in some areas of Delhi. The platform can assist with over 6,000 calls daily. It also manages medical equipment and other consumables required in the ambulances along with the manpower (drivers and paramedics). Medulance strategically stations its ambulances at different locations identified based on emergency data. This data is recorded on parameters like the performance of the ambulance (including response time, calls per ambulance, dispatch time, etc) and the patient details such as Covid/non-Covid and other emergency condition necessities. To streamline the process and increase efficiency, such data is captured and analyzed daily.

The company has secured $3 million in Series A funding, led by Alkemi Growth Capital in 2024. It has received recognition for its innovative efforts, including the prestigious ‘National Start-up Award’ in 2022 and ‘Most Innovative 5G Use Case Deployed of the Year’ at the India Mobile Congress 2023 affirming the company’s impact and leadership in the healthcare sector.

RED.Health (Formerly StanPlus) Launches Air Ambulance Services in 550+ Cities With 25+ Aircrafts

RED.Health launches air ambulance services across 550+ cities in India, even in areas which are inaccessible to airports

• Introduces air ambulance to address three fundamental values of Emergency Medical Services: reliability, speed, and empathy.
• RED.Health aircrafts are designed to perform critical evacuations such as BiPAP, Ventilator, ECMO transfers or medically and surgically critical patients

RED.Health, India’s largest medical emergency response platform has recently expanded its offerings to launch Air Ambulance services. The RED.Health Air Ambulance service is now available to provide state-of-the-art medical emergency services with robust technology across 550+ cities in India via air. RED.Health aims to integrate an extremely fragmented market of Air Ambulance into one platform to streamline cost variations and enable a committed team that can evacuate a patient safely through clinical expertise.

RED.Health has a fleet of 8 specialised aircrafts that can evacuate patients from any terrain or geography of the nation timely and efficiently. RED Air Guardian not only enables air transfer for medical emergencies; but also ensures surface transport to and from the airport. We manage 25+ aircrafts parked on the airports all across India and 10+ aircrafts parked in different parts of the world, to cater to overseas air evacuation. While we are accessible to most parts of India, we actively do air evacuations from cities like Raipur, Bangalore, Hyderabad, Mumbai, Delhi-NCR; and parts of Middle eastern countries like Dubai, Abu Dhabi, Muscat and Doha.

Air Guardian maintains the highest level of care and clinical proficiency while evacuating each patient to the specialised medical facility. All the ambulances are equipped with state-of-the-art medical technology, defined SOPs, Clinical Pathways, an excellent Medico-legal framework, and a team of highly qualified Critical Care professionals.

Commenting on the development, Prabhdeep Singh, Founder & CEO, RED.Health said, "At RED.Health we take pride in reaching the patient in just 15 minutes. Taking a step forward, we are now equipped to save more and more lives in parts of the country where specialised or robust medical facilities are unavailable. Our Air Ambulance service can assist patients who need to be transferred long distance in case of emergency to a specialised medical facility. Our Team constantly strives to be efficient and empathetic, which not only makes our services faster but also ensures zero casualties in a field where the entire medical industry is competing for the best patient experience and dependability. We are determined to advance our goal of creating 911 for Indian healthcare with this new endeavour”.

RED AIR Guardian now has the ability to use helicopters to transport patients from challenging and inaccessible areas and perform services like Repatriation, Bed to Bed transfer, Airport to Airport transfer, Rural evacuation, remote evacuation even without having access to the airports. The highly effective team is equipped with state-of-the-art clinical pathways and evacuation protocols, and the medical director on board is an expert in cardiac anaesthesia and critical care to ensure safety of a patient.

RED.Health vows to reach emergencies in less than 15 minutes. The company aims to achieve the core pillars of response technologies during emergencies: access, triage, destination selection, and vital sharing. The Hyderabad-based startup has partnered with 100+ hospitals and 70+ enterprises and is looking to expand to 600+ cities and towns in India by the end of this year, a step towards providing a robust medical emergency response to people across the country.

About RED.Health:

RED.Health is India's largest medical emergency response platform working 24/7 to solve the emergency response with the use of technology and trained personnel. RED.Health is backed by a multi-city fleet of 6000+ ambulances with top-of-the-line equipment for critical and non-critical care. RED.Health envisions solving the classic 3As of Indian healthcare that is, awareness, affordability, and access. RED.Health has already partnered with 50+ hospitals and 70+ enterprises to manage their medical response systems. The company is also looking for expansion to serve patient transportation needs across and densely in the country.