Medulance ensures a 20-minute ambulance response time using advanced technology
The company operates 7,500 ambulances across 22 cities, cutting Delhi's response time to 11 minutes
Medulance has assisted over 800,000 people, including 200,000 COVID patients, with smart ambulance options
Founded in 2017, it serves 80 lakh employees via a subscription model with services like MeduERS
In FY 2021-22, Medulance generated ₹24 crores in revenue with a 24% net margin, staying profitable for three years
During Shark Tank India, Amit offered ₹5 crores for 10% equity, later revised to 5% at a ₹100 crore valuation
Medulance did not close the Shark Tank deal but saved over 1.5 million lives and operates in 110 cities
Amit Jain added Medulance's service to CarDekho without a financial deal after the show