#startupoftheday 35- StanPlus

October 20, 2021 | Wednesday | Features

Smart Medical Response

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

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