New Delhi, 22 January 2023: Aiming to support people with quick medical care, CarDekho has on-boarded ambulance service provider Medulance on its mobile app and website. Amit Jain, the new Shark on Shark Tank India show, decided to add Medulance, a GPS-based platform enabling fast ambulance services that pitched its business on the show, to CarDekho without any financial transaction. Amit Jain, Co-Founder and CEO of India’s largest auto tech company – CarDekho Group – did this with an aim to expand the reach of the emergency first care service and help bring down the number of road accident fatalities. This offer was made by Amit Jain in succession to his offer of Rs. 5 crore for 5% equity in Medulance, the biggest offer in the history of Shark Tank India.
This free-of-charge integration of Medulance on the CarDekho app and website will enable users to call for an ambulance from the app and website in case of a mishap. This is in line with Amit Jain’s view of supporting cause-based businesses and will seek to prevent road accident fatalities in India.
Present in 500 cities, Medulance is India's first, GPS-based technology platform that enables fast and reliable first-point medical attention. Started in 2017, Medulance intends to make finding an ambulance as easy as finding food or taxis these days to assist lives. It is an integrated emergency response support provider, ambulance booking and tracking system designed to provide first-point medical attention.
Speaking on this partnership, Mr Amit Jain, CEO and Co-Founder, CarDekho Group, said, “India reports one of the highest numbers of fatalities caused by road accidents every year, cutting short great life stories. About half of these lives can be saved if the injured receive timely access to medical care, and Medulance is playing a pivotal role in bridging this gap. As a responsible group, CarDekho has integrated Medulance on its mobile app and website, and is playing its part in helping create awareness about a service that can help save lives.”
Pranav Bajaj, CEO, Medulance, said, “Medulance was started with an aim to help people call for early first care in case of an accident. Our efforts have save hundreds of lives so far and this social gesture by Shark Amit Jain will further amplify the reach of Medulance, allowing timely availability of ambulances and curbing loss of lives.”
Shark Tank India 2.0 is witnessing increased participation from entrepreneurs that are battling societal odds and are keen on solving problems through their businesses. Amit Jain has been at the forefront of promoting such ventures by looking beyond profit and investing in businesses that help India move forward.
About CarDekho.com:
Founded in 2008, CarDekho Group is credited for completely transforming the vehicle ownership ecosystem in India through its several companies. A $1.2 billion Unicorn, CarDekho Group operates companies in Insuretech (InsuranceDekho), Fintech (Rupyy), new vehicle, and used car segments. It also operates India’s leading automobile content portals such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, and PowerDrift.com. Leveraging innovation and technology, CarDekho Group has become one of the fastest-growing players in the industry, clocking INR 2400 crore ARR (Annual Revenue Run Rate) in Mar’22. The group is GPTW (Great Place to Work) gold standard certified and has adopted 5 of the UN sustainable development goals as part of its ESG charter. CarDekho Group is backed by marquee investors like Sequoia, Hillhouse, CapitalG,
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