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.
Last updated 4 August 2026
StanPlus Technologies Private Limited, now operating as RED.Health, is a Hyderabad-based JCI-certified emergency medical response platform with a tech-enabled network of over 5,000 ambulances. Founded in 2016, the company generated Rs 124.64 Cr revenue in FY25 but faced financial challenges with a net-worth decrease and borrowings growth. It raised approximately $43M in funding, including Series B in 2024 led by Jungle Ventures.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Stanplus Technologies Private Limited |
|---|---|
| CIN | U74999TG2016PTC112620 |
| PAN | AAXCS7397G |
| Status | Active |
| Listing | Not listed (private limited company, VC-funded) |
| Incorporated | 25 October 2016 |
| ROC | RoC Hyderabad (Telangana) |
| Sector (NIC) |
|
| 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 |
| Authorized capital | ₹5.0 Cr (₹50,000,000) — Tofler and TheCompanyCheck agree |
| Paid-up capital |
|
Business Overview
- 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
- ~1,200-1,370 employees per EPFO-based estimates
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Prabhdeep Singh | 07635502 | Nominee Director & Co-founder & CEO | 25 Oct 2016 |
| Sai Tej Reddy Anumas | 10687718 | Nominee Director | 1 Jul 2024 |
GST Registrations
| 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
- 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: 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; treat that specific figure as unreliable/likely mislabeled
- Auditor: Price Waterhouse Chartered Accountants LLP. Overall: partial/conflicting — do not treat FY25 PAT as confirmed profit
Funding History
- 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; 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
Competitors
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