RED.Health has successfully raised growth capital from a consortium led by Jungle Ventures to enhance its emergency medical response services across India.
Target Information
RED.Health, formerly known as StanPlus, is India's premier Medical Emergency Response service provider, established in 2016. The company has established a significant presence across 20 key cities in India, offering emergency system support to hospitals, corporations, and end customers through aggregator platforms. RED.Health operates a fleet of over 6,000 ambulances and employs more than 1,200 medical care professionals, providing critical care and response in urgent situations.
With partnerships involving over 100 hospitals, including prominent national and regional healthcare institutions, RED.Health has built a comprehensive network that enables efficient emergency response services. The firm's leadership team boasts significant industry expertise, complemented by investments from notable firms such as HealthQuad, Kalaari Capital, and HealthX, all of whom continue to support the company's growth initiatives.
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Industry Overview in India
The healthcare industry in India is rapidly evolving, with a growing focus on emergency medical services due to the increasing prevalence of health emergencies and the urgent need for timely medical in
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Jungle Ventures
invested in
RED.Health
in 2024
in a Series B deal