DIAL4242 Secures Rs 1 Crore in Seed Funding, Expanding Emergency Medical Services Across India

India's leading ambulance service provider, DIAL4242, has announced the successful closure of its seed funding round, securing a total of Rs 1 crore from investor Raj Neravati. The company has experienced a remarkable growth rate of 300% over the last financial year and achieved a 50% increase in valuation since its last funding round just four months ago. This funding infusion is a significant boost, strengthening the company's commitment to delivering 10-minute ambulance services across India and expanding its footprint in responding to emergency medical situations nationwide.

Sharing his perspective on DIAL4242, Raj Neravati expressed, "Emergency ambulance services in India are the need of the hour to take care of urgent medical needs, and Dial4242 is in a strong position to solve this problem. I appreciate their focus and use of technology to ensure a 10-minute response time across India. I believe they are very close to realising that vision. I am happy to be a part of their mission of making ambulance services available and accessible all over India."

Jeetu Lalwani, Founder of Dial4242, said, "We want to express our gratitude towards our investor, Raj Neravati for putting his trust and confidence in our efforts, vision, and commitment. In a challenging funding landscape, we have successfully raised funds in two rounds. As the only ambulance service with clients like Zomato, Swiggy, and insurance players like Tata AIG, we offer a guarantee of an ambulance in an average of 10 minutes or face a penalty. No other ambulance service comes close to what we are achieving. We are committed to further improving, and this funding will propel us closer to our goals. These collaborations further affirm DIAL4242's dedication to making healthcare services convenient and accessible for individuals, corporates, and communities in India.”

Within a short period, DIAL4242 has built a robust network, covering over 750 cities with a fleet of 12,000 ambulances to ensure emergency medical services. The client list includes some of the top companies like Tata Group, Kellogg’s Marico, Samsung, NTT, Sony Entertainment, Wipro, Siemens, and Emoha. Dial4242 Ambulances also provides occupational health centre (OHC) services, setup and operations, first aid training, and medical staff to corporate clients.