Sunday, 22 December 2024

Smart Medical Response - StanPlus

Launched air ambulance operations to focus on creating transparency and reducing costs for the common people

Inception- 2016

Location- Hyderabad

Domain- Healthcare delivery

Founder- Prabhdeep Singh

Total team strength- 650

Total funds raised –Rs 19.5 crore

Investors- Pegasus, Kalaari, Angel investors

Revenue generated since inception- Rs 25 Cr

 

Key Highlights-

  • Have over 150 Red Ambulances and are adding more every month
  • Have in-built StanFleet software that helps to integrate ambulances across network
  • Forayed into emergency and medical response with RedAssist
  • Launched air ambulance operations to focus on creating transparency and reducing costs for the common people
  • Will focus on creating a talent pool of well-trained professionals 

 

Founder Speaks-

"COVID-19 has highlighted the gaps and challenges in the patient logistics sector. New players have emerged, and the government has extended support by reducing taxes levied while purchasing an ambulance.There is a lot of scope for growth and improvement. We’ll see standardization, increase in awareness, implementation of existing regulatory codes, the establishment of new laws and the development of technology."

Prabhdeep Singh, Chief Executive Officer, StanPlus, Hyderabad

 
 

Published on : 26th May, 2022