DIAL 4242, a supplier of ambulance services, has raised Rs 1 crore in a seed round headed by investors G Vamshi Raju, Starfish Ventures, and a number of Hyderabad-based angel investors. The company stated that the money will go toward improving its services and growing its presence. DIAL4242 is an internet platform for scheduling ambulances in case of an emergency and was established by Jeetu Lalwanim.

The Mumbai-based startup claims to have a network, spanning over 750 cities and a fleet of 12,000 ambulances to ensure emergency medical services within a record time of 15 minutes. The firm has recently partnered with brands including Swiggy and Zomato, and supported their delivery partners with ambulances. It is also doing Mobile medical unit (MMU) support for other clients.

DIAL 4242 competes with the likes of MeduLance, HelpNow, ESahai, AmbiPalm and Mo Ambulance among others in the ambulance booking segment. In January 2022, ambulance startup StanPlus raised $20 million in its Series A round led by Healthquad, Kalaari Capital, and HealthX Singapore. Earlier this year, the Hyderabad-based startup rebranded to RED. Health and forayed into air ambulance service.