Dial4242, a leading tech-enabled ambulance service in India, raised ₹9 crore in Pre-Series A funding led by IAN Group to enhance its operations and reduce ambulance response times.

Information on the Target

Dial4242 is India’s premier tech-enabled ambulance service platform, founded in 2016 by Jeetendra Lalwani, along with co-founders Nilesh Mahambre and Atin Verma. The platform operates the largest on-demand ambulance network in the country, covering over 850 cities. Dial4242 addresses the critical issue of emergency response time by providing services that include real-time ambulance tracking, automated dispatch systems, and a 24/7 call center. The company strives to ensure that ambulances are readily available, aiming to reduce their current turnaround time from 12 minutes to under 8 minutes.

The platform's mission is fueled by the personal experiences of its founders, particularly the loss of co-founder Jeetendra Lalwani's father, which inspired a commitment to preventing similar tragedies by improving ambulance accessibility. Dial4242 has also formed strategic partnerships with prominent organizations such as Amazon, Zomato, and Swiggy, allowing it to extend medical support to gig workers across India.

Industry Overview in India

India’s healthcare industry is poised for significant growth, driven by increasing investments in healthcare technology and rising demand for efficient emergency services. With a population exceeding 1.4 billion, the