Sunday, October 7, 2007

A Startup "DIAL 1298 FOR AMBULANCE - has received $1.5 million funding from New York’s Acumen Fund

What They Are Offering:
1298 Dial for Ambulance, is an initiative started by a group of young professionals with a high degree of social and public commitment with the primary objective of rolling out a nationwide network of Life Support Ambulance Service accessible to anyone, anytime and anywhere through an easy to remember four digit telephone number.The project has been setup in association with London Ambulance Service, a UK Government Agency, which has provided the processes, systems, protocols, training and project implementation assistance to ZIQITZA.

The Vision

To assist saving human lives by becoming the leading network of Basic life support Ambulances in India.

How Much They Got From VCs:
DIAL 1298 FOR AMBULANCE - has received $1.5 million funding from New York’s Acumen Fund. Acumen is a nonprofit venture fund which invests in “sustainable, scalable solutions addressing poverty in South Asia and Africa”.

Acumen has made the investment in Ziqitza Healthcare Limited (ZHL), which owns the ambulance service. It plans to roll out a nationwide network of life support ambulance service, essentially filling in a gap in the emergency medical support in Indian cities.
About Company detail:http://www.1298.in/
About Funding :http://www.acumenfund.org/

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