CarDekho Partners With Medulance After Amit Jain Makes Biggest Offer In History Of Shark Tank India
The free-of-charge integration of Medulance on the CarDekho app will help users call for an ambulance from the app and website in case of an accident.
New Delhi: Amit Jain, Co-Founder and CEO of CarDekho onboarded Delhi-based ambulance service provider Medulance on its mobile app and website in a bid to provide quick medical care to people. This offer was made by Jain on Shark Tank India, following his offer of Rs 5 crore, the biggest offer in the history of the show, for a 5 per cent equity to Medulance founders Pranav Bajaj and Ravjot Singh Arora.
The free-of-charge integration of Medulance on the CarDekho app and website, which is in line with Amit Jain’s view of supporting cause-based businesses and prevent road accident fatalities in India, will help users to call for an ambulance from the app and website in case of an accident.
Speaking on this partnership, Amit Jain 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.”
I am thrilled to share that the @CarDekho Group has partnered with @medulance to provide emergency medical services to all visitors. https://t.co/dYCvqT193h pic.twitter.com/KWHjQIwv0c
— amitjain (@amitjain) February 22, 2023
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 aims to make finding an ambulance as easy as finding cabs.
It is an integrated emergency response support provider, ambulance booking and tracking system designed to provide first-point medical attention.
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.”
Notably, Shark Tank India 2.0 is seeing an increased participation of 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:
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 Rs 2400 crore ARR (Annual Revenue Run Rate) in March 2022.
The group is GPTW (Great Place to Work) gold standard certified and has adopted five of the UN sustainable development goals as part of its ESG charter.
CarDekho Group is backed by marquee investors like Sequoia, Hillhouse, CapitalG, RatanTata, Leapfrog (ESG-focused investment fund) among others.
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