When was Ziqitza Health Care founded?

Ziqitza Health Care was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Where is Ziqitza Health Care located?

Ziqitza Health Care is headquartered in Mumbai, India. It is registered at VO-861 WE WORK Vaswani Chamber, 2 Floor 264-265 Dr A.B. Road, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030.

How many employees does Ziqitza Health Care have?

As of Dec 31, 2024, Ziqitza Health Care has 3466 employees, reflecting a 61% year-over-year decline in headcount.

Is Ziqitza Health Care a funded company?

Ziqitza Health Care is a funded company, having raised a total of $4.98M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 26, 2007.

How much is Ziqitza Health Care worth?

The last known valuation of Ziqitza Health Care was $***** as of May 19, 2022.

When was the latest funding round of Ziqitza Health Care?

Ziqitza Health Care's latest funding was a $***** Series A round on Mar 31, 2010, with participation from 15 investors. Its primary sector is Services for Healthcare Providers. Globally, the Services for Healthcare Providers sector has seen $466M in funding in 2026 to date.

What is the annual revenue of Ziqitza Health Care?

Annual revenue of Ziqitza Health Care is ₹16.7L as on Mar 31, 2025.

Where does Ziqitza Health Care rank among its competitors?

Ziqitza Health Care ranks 4th amongst 139 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Pulse Charter Connect, which secured $2M in May, 2025.

Who are the top competitors of Ziqitza Health Care?

Ziqitza Health Care's top competitors include RED.Health, GVK EMRI and Global Medical Response. Among them, Pulse Charter Connect secured the most recent funding round in May, 2025.

Ziqitza Health Care - 2026 Company Profile, Team, Funding, Competitors & Financials

Ziqitza Health Care is an acquired company based in Mumbai (India), founded in 2005 by Naresh Jain, Sweta Mangal and Manish Sancheti. It operates as a Provider of road & air ambulance services. Ziqitza Health Care has raised $4.98M in funding from Acumen and Global Medical Response, with last known valuation of $*****. The company has 139 active competitors, including 4 funded and 12 that have exited. Its top competitors include companies like RED.Health, GVK EMRI and Global Medical Response.

Company Details

Provider of road ambulance services. Its services include medical emergency services, corporate health services, booking an ambulance, ambulance service for events, and other services.

Website: zhl.org.in
Social
Email ID: *****@zhl.in
Phone Number: +91 **********
Registered Address: VO-861 WE WORK Vaswani Chamber, 2 Floor 264-265 Dr A.B. Road, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030

Key Metrics

Founded Year

2005

Location

Mumbai, India

Stage

Acquired

Total Funding

$4.98M in 2 rounds

Latest Funding Round

Series A, Mar 31, 2010, $*****

Last Known Valuation

$***** as on May 19, 2022

Investors

Acumen & 29 more

Ranked

4^th among 139 active competitors

Annual Revenue

₹16.7L as on Mar 31, 2025

Employee Count

3,466 as on Dec 31, 2024

Similar Companies

RED.Health & 140 more

Exit Details

Acquired by MUrgency (May 19, 2022)

View Ziqitza Health Care's full profile

Ziqitza Health Care is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MED CARE 365 MEDICAL SERVICES PRIVATE LIMITED CIN: U85100MH2020PTC342845 , India, Active	Jul 29, 2020	$9.45M (As on Mar 31, 2025)	-
ZIQITZA HEALTH CARE LIMITED CIN: U85110MH2002PLC138005 , India, Active	Nov 27, 2002	$19.8K (As on Mar 31, 2025)	3466 (As on Dec 31, 2024)

Ziqitza Health Care got acquired by MUrgency on May 19, 2022 at an acquisition amount of $110M.

Click here to take a look at Ziqitza Health Care's acquisition in detail

Ziqitza Health Care has raised a total funding of $4.98M over 2 rounds. Its first funding round was on Mar 26, 2007. Its latest funding round was a Series A round on Mar 31, 2010 for $*****. 15 investors participated in its latest round. Ziqitza Health Care has 12 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Ziqitza Health Care:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2010	4594407	Series A	4133015	1274821	2266307	5931037
Mar 26, 2007	2689149	Seed	4554490	8238718	Acumen	Mosaic Capital Services

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View details of Ziqitza Health Care's funding rounds and investors

The founders of Ziqitza Health Care are Naresh Jain, Sweta Mangal and Manish Sancheti.

Here are the details of Ziqitza Health Care's key team members:

Naresh Jain: Co-Founder of Ziqitza Health Care. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Sweta Mangal: Co-Founder & Director of Ziqitza Health Care and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Manish Sancheti: Co-Founder of Ziqitza Health Care. They serve on the board of 1 company.

Ziqitza Health Care's Board of Directors

Ziqitza Health Care's board has 5 active members. Sweta Mangal is part of team and Bijou Kurien, Preeti Reddy, Mani Palvesan and Ashokan Narayanan are independent board members.

Here is the list of Ziqitza Health Care's board of directors:

Name	Type	Representing	Status	Duration
Sweta Mangal	Team	-	Current	18y 7m
pngtsim	Team	-	Past	1y 6m
kpni{dp	Team	-	Past	6y 8m
{dpwyze	Team	-	Past	3y 1m
Mani Palvesan	Independent board member	-	Current	3y 5m
dgyjwcp	Independent board member	-	Current	1y 8m
jqtarkj	Independent board member	-	Past	7y 9m
ohwprsr	Independent board member	-	Past	1y 2m
fhktavg	Independent board member	-	Past	5y 2m
mxyotuk	Independent board member	-	Past	9y 2m
funrqbd	Independent board member	-	Past	1y 4m
kvebqdf	Independent board member	-	Past	4y 5m
ilxgfrl	Independent board member	-	Past	1y 5m
dbokbmp	Independent board member	-	Past	1y 7m

View details of Ziqitza Health Care's Founder profiles and Board Members

Ziqitza Health Care's employee count trend

Ziqitza Health Care has 3,466 employees as of Dec 24. The total employee count is 62.0% lower than what it was in Dec 23. Here is Ziqitza Health Care's employee count trend over the years:

Employee count trend for Ziqitza Health Care

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Top competitors of Ziqitza Health Care include RED.Health, GVK EMRI and Global Medical Response. Here is the list of Top 10 competitors of Ziqitza Health Care, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RED.Health 2016, Hyderabad (India), Series B	Provider of fast, reliable, and empathetic care during medical emergencies	$32M	Kalaari Capital, Jungle Ventures & 46 others	71/100
2nd	GVK EMRI 2005, Hyderabad (India), Unfunded	Emergency response system provider	-	-	52/100
3rd	Global Medical Response 2005, Washington, DC (United States), Funding Raised	Provider of emergency abulance services	-	Ardian, Koch Equity Development & 1 others	50/100
4th	Ziqitza Health Care 2005, Mumbai (India), Acquired	Provider of road & air ambulance services	$4.98M	HDFC Bank, IDFC First Bank & 28 others	43/100
5th	Pulse Charter Connect 2022, Chicago (United States), Seed	Provider of organ transportation using air & ground services	$3.3M	Ivy Ventures, Techstars & 3 others	42/100
6th	Alacura 2015, Dallas (United States), Series A	Provider of air and road medical transportation services	$4M	Vistria, BVF	40/100
7th	Ornge 2005, Mississauga (Canada), Funding Raised	Provider of emergency air & road ambulance services	-	-	38/100
8th	Emergencias 1979, Buenos Aires (Argentina), Unfunded	Provider of emergency medical services, occupational health, and wellness programs	-	-	36/100
9th	Amvale Medical Transport 1985, Scunthorpe (United Kingdom), Unfunded	Provider of medical transport services	-	-	33/100
10th	Fallon Ambulance 1923, Quincy (United States), Acquired	Provider of life support transportation and ambulance services	-	-	30/100