Dial4242 Raises Rs 9 Crore to Boost Ambulance Services, Cut Response Time
Dial4242, a tech-enabled ambulance service platform, has secured Rs 9 crore in a pre-Series A funding round. The startup, which operates the largest on-demand ambulance network in India, aims to further improve its already impressive average response time of less than 12 minutes.
The funding round was led by IAN Group, with participation from BioAngels, IIM Bangalore's NSRCEL, and other angel investors. Notably, Dial4242 has also partnered with major companies such as Amazon, Zomato, and Swiggy to provide medical support to gig workers nationwide.
The startup plans to use the raised capital to strengthen its tech platform, boost trip volumes through marketing, launch free ambulance services, and expand its teams. It also aims to reduce its current response time (TAT) from 12 minutes to under 8 minutes. Additionally, Dial4242 will invest in technology upgrades, marketing, expansion of medical centers, and key leadership hires.
Dial4242, which serves over 850 cities across India, offers real-time ambulance tracking, automated dispatch, and a 24-hour call center. With the latest funding, the startup plans to deepen hospital partnerships, grow its retail user base, and maintain the fastest emergency response standard in the country over the next 12 months.
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