Company Intelligence Profile
Stanplus Technologies Private Limited
StanPlus Technologies Pvt Ltd operates as RED.Health (rebranded from "StanPlus" in Jan 2023), a Hyderabad-based, JCI-certified emergency medical response platform founded in 2016 by Prabhdeep Singh and co-founders.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Stanplus Technologies Private Limited |
|---|---|
| CIN | U74999TG2016PTC112620 |
| PAN | AAXCS7397G (Tofler; consistent with GSTIN prefixes) |
| Status | Active |
| Listing | Not listed (private limited company, VC-funded) |
| Incorporated | 25 October 2016 |
| ROC | RoC Hyderabad (Telangana) |
| Sector (NIC) | Business Services — Ambulance Services / Other Hospital and Medical Care Activities (NIC Q6, ~86901); DPIIT-recognised startup |
| Registered address | 6th Floor, Block-B, i-Labs Hyderabad Technology Center, Software Unit Layout, 18 Inorbit Mall Road, Unit-3, Madhapur/Shaikpet, Hyderabad, Telangana 500081 (Tofler & TheCompanyCheck agree; an older filing/GST record shows an earlier address at 8-2-293/82/F-II/A-26, Film Nagar, Jubilee Hills, Hyderabad 500033 — likely a superseded registered office) |
| Authorized capital | ₹5.0 Cr (₹50,000,000) — Tofler and TheCompanyCheck agree |
| Paid-up capital | Conflicting figures across sources: ₹3.53 Cr (Tofler) vs ₹3.65 Cr (TheCompanyCheck) vs ₹2.05 Cr/₹20,521,810 (an earlier aggregator snippet). Reported as partial pending a primary-filing tie-break. |
Business Overview
Confirmed- StanPlus Technologies Pvt Ltd operates as RED.Health (rebranded from "StanPlus" in Jan 2023), a Hyderabad-based, JCI-certified emergency medical response platform founded in 2016 by Prabhdeep Singh and co-founders
- It runs a tech-enabled network of 5,000+ ambulances (road/train/air transport), auto-dispatch and AI-powered hospital-selection tools, hospital EMS partnership operations, corporate safety/event-medical solutions, a medical training arm (RedVersity, via subsidiary TACT), and a consumer doorstep-care product (Dr. Flash)
- Company claims 550+ operational cities and 250+ hospital partners (per official site red.health)
- ~1,200-1,370 employees per EPFO-based estimates (Tofler: 1,263 as of Jun 2025
- TheCompanyCheck: 1,371 as of Apr 2024)
Directors
Partial / conflictingConfirmed current directors (agreed by Tofler + TheCompanyCheck): (1) Prabhdeep Singh — Co-founder & CEO, Nominee Director since 25 Oct 2016, DIN 07635502 (Tofler only — single-source, treat as partial); (2) Sai Tej Reddy Anumas — Nominee Director since 1 Jul 2024, DIN 10687718 per Tofler (single-source, partial). Note: assorted low-quality aggregator snippets also surfaced "Barada Regmi," "Antoine Henri Michel Poirson," and "Jose Ricardo Leon Lee" as directors in stale/conflated search results — these could not be corroborated on the two primary registry mirrors used and are NOT included as confirmed.
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 36AAXCS7397G1ZC | Telangana | AAXCS7397G (Tofler; consistent with GSTIN prefixes) | Active |
| 36AAXCS7397G2ZB | Telangana | AAXCS7397G (Tofler; consistent with GSTIN prefixes) | - |
| 36AAXCS7397G3ZA | Telangana | AAXCS7397G (Tofler; consistent with GSTIN prefixes) | - |
| 29AAXCS7397G1Z7 | Karnataka | AAXCS7397G (Tofler; consistent with GSTIN prefixes) | - |
| 06AAXCS7397G1ZF | Haryana | AAXCS7397G (Tofler; consistent with GSTIN prefixes) | - |
Primary/home-state GSTIN: 36AAXCS7397G1ZC (Telangana), registered 01/07/2017, status Active/Regular (knowyourgst.com). PAN AAXCS7397G is consistent across all registrations. Total of 5 GSTINs identified across 3 states: Telangana (36AAXCS7397G1ZC, 36AAXCS7397G2ZB, 36AAXCS7397G3ZA), Karnataka (29AAXCS7397G1Z7), Haryana (06AAXCS7397G1ZF) — cross-checked via knowyourgst.com and piceapp.com (confirmed, 2 sources agree on primary; additional GSTINs single-sourced via piceapp, partial).
Financials
Partial / conflicting- Standalone (Indian entity) figures, multiple years, sourced from Entrackr news reports and Tofler/TheCompanyCheck: FY22 revenue ₹46.13 Cr
- FY23 revenue ₹67 Cr (+45% YoY), FY23 loss ₹31.74 Cr (>20x jump YoY) [Entrackr]
- FY24 revenue reported ~₹100 Cr with a stated target to roughly double in FY25 [Entrackr]
- FY25 (per Tofler/TheCompanyCheck, partly paywalled): Operating revenue ₹100-150 Cr band, TheCompanyCheck cites a precise ₹124.64 Cr (+14% YoY) — this ~14% growth conflicts with the "double revenue" target reported by Entrackr, flagged as a source conflict
- FY25 EBITDA/PAT figures are paywalled/not obtained
- Tofler shows FY25 net-worth change of -43.39% and borrowings growth of +69.71%, debt-to-equity ~0.75 — a "net profit margin: 21.58%" figure also appeared in one Tofler extraction which contradicts the historical loss-making trend and could not be corroborated
- treat that specific figure as unreliable/likely mislabeled
- Auditor: Price Waterhouse Chartered Accountants LLP (TheCompanyCheck)
- Overall: partial/conflicting — do not treat FY25 PAT as confirmed profit
Funding History
Confirmed- Total funding ~$43M (Seed through Series B) since 2016, per Inc42's company tracker
- Series A: $20M, announced Jan 2022, led by HealthQuad, Kalaari Capital and HealthX (Entrackr/Inc42)
- a related disclosure (Vedacorp, deal advisor) cites the raise as INR ~1,200 million
- Series B: $20M, announced May 2024, a mix of equity and debt, led by Jungle Ventures with Alteria Capital (debt) and existing backers HealthQuad and HealthX participating (Entrackr/YourStory/Entrepreneur)
- Confirmed via 3 independent news sources
Charges / Borrowings
Partial / conflicting- Open/active charges reported, but figures conflict between sources: TheCompanyCheck cites total open charges of ₹63.49 Cr and satisfied charges of ₹15.49 Cr, with lenders HDFC Bank (₹8.81 Cr), Axis Bank (₹4 Cr), SBI (₹3.88 Cr)
- Tofler instead cites loans from Axis Bank (₹34.0 Cr) and HDFC Bank (₹10.3 Cr) among others
- The two sources do not reconcile on amounts (both agree HDFC Bank and Axis Bank are lenders)
- Reported as partial/conflicting pending an MCA charge-index cross-check
Competitors
Confirmed- Ziqitza Health Care (larger, pan-India ambulance operator since 2005, government-partnership heavy — bigger scale)
- Dial4242
- VMEDO
- Global Medical Response (India operations)
- Alacura — all named as peers/competitors in Owler and Tracxn competitor listings
- RED.Health/StanPlus (~₹100-125 Cr revenue, ~1,200+ employees, 5,000+ ambulance network) sits as a mid-scale, tech-forward challenger relative to the more established Ziqitza
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