The founder of the brand, Medulance, which is India’s first tech enabled emergency response service provider, has recently come to the reality television series, Shark Tank India Season 2
A footage of the founders explaining about their brand is now swirling around the internet which is making netizens go gaga over it as they want to know more about the company and their representation at the recent episode of Shark Tank India.
Medulance Shark Tank India founder, valuation, revenue, funding, business model, net worth 2023
About Medulance
For those who are curious about the company, let us tell you, the company has made a significant contribution in speeding the transportation of the patient faster than ever.
The company takes 3-4 minutes dispatch time and 30 minutes turnaround time. They also offer expert medical staff, high quality life saving equipment and professional paramedics.
Medulance was founded back on July 12, 2017 and its headquarters of the company is based in New Delhi.
As per the official LinkedIn page of the brand, the company provides their services across 22 cities and they have more than 5000 ambulances.
Anyone who need medical services they can call at their 24*7 dedicated helpline number 888-297-8888.
Types of Services
For those who are unfamiliar with the types of transport services of Medulance, let us tell you, the brand offers a number of services such as:
Transport Patient Transport,
Basic Life Support,
Advanced Life Support,
Mortuary Van/Ambulance,
Air Ambulance Services,
Mortuary Chamber,
Home ICUs etc.
Founders
The company was founded by a commerce graduate Pranav Bajaj and a computer science engineer, Ravjot Arora. The two came to the Shark Tank India Season 2 and asked for Rs. 5 Crore for 5% equity to place a valuation of Rs.100 crore on the company.
The Sharks aka Judges of the show, Anupam Mittal, Namita Thapar, Aman Gupta, Vinita Singh, Vinit Jain were all shocked by the biggest amount that the founders asked.
While they asked the biggest amount they also revealed their last year profit that is:
Last Year Revenue – 24 Cr Rupees
Net Profitability – 24%
Let us remind you, Season 2 of the reality series premiered on Monday, January 2, 2023 on Sony TV. The series released new episodes from Monday to Friday at around 10:00 P.M.
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