• RED.Health

  Participated · Seed · Oct 2017

  Red.Health (formerly StanPlus) operates ambulance and emergency-response services across multiple verticals including RED Ambulances, RED Assist, RED Priority Clinics and RED Academy following a 2023 rebrand and pivot. The company offers plug-and-play medical response integrations for hospitals, health apps and wearables and says it partners with more than 500 hospitals and operates with over 100 hospitals in 20 cities. It has expanded offerings to include air ambulance services in more than 500 cities and aims to grow to 40–50 cities. Red.Health plans to use new funding to enhance its dispatch system and further develop its product. The company reported revenue of Rs 100 crore in FY24 and aims to double revenue in FY25; its Indian subsidiary’s revenue rose 45% to Rs 67 crore in FY23 from Rs 46.13 crore in FY22. Reports indicate the startup has faced growth challenges and has had difficulty paying employee salaries; losses rose to Rs 31.74 crore over the reported period. StanPlus operates a fleet of Red Ambulances that can be booked online or by phone and provides plug-and-play medical-response capabilities to large hospitals, health apps and wearable operators. The company aims to cut ambulance expected time of arrival from 15 minutes to 8 minutes under its “First Minute, Last Mile” approach. It plans to scale operations to 500 hospitals and expand its Red Ambulance brand from five cities to 15 cities. Last year the company announced a plan to add 3,000 advanced life support ambulances across 30 cities over three years with a cumulative investment of roughly Rs 900 crore. StanPlus is headquartered in Hyderabad and was founded in 2016. Financially, the company has raised multiple rounds including a $20 million Series A in the latest financing and prior seed and angel rounds totaling $2.6 million. StanPlus operates medical-transportation services with a fleet of over 300 ambulances and more than 60 ambulance operators, handling an average of 60+ calls a day and serving 15 hospitals with over 2,000 beds. The company offers ambulance and advanced-life-support transport and plans to broaden coverage across all medical-transportation categories. StanPlus intends to expand its advanced-life-support fleet and scale geographically. It also plans to invest in cutting-edge technologies to improve service delivery. The company recently completed seed fundraising to support these growth and product plans.

• Perpule

  Led · Equity · Mar 2017

  Delvit Solutions, which operates the Perpule retail‑tech platform, provides the 1Pay mobile app that enables mobile app–based self-checkouts, barcode discovery, pricing information, checkout and payments for offline stores and online channels. The company also offers a Digital Cafeteria Solution that allows users to place orders and avoid queues. Perpule reports its app is used by more than five lakh consumers and counts clients including Big Bazaar, Vishal Mega Mart, More, HyperCity and KFC. The startup has recently tailored solutions for fast-food outlets, cafeterias and food courts, with at least 20 companies using the cafeteria product. Perpule plans to use new funds to expand into 10 cities over the next year. Perpule provides a self-checkout, queue-management, omni-channel engagement and payments platform for offline stores. The company says its systems save customers' time and improve the overall shopping experience, and its stated vision is to make waiting in queues a thing of the past. Perpule was founded by former Goldman Sachs executives Abhinav Pathak and Saketh BSV, alongside Yogesh Ghaturle, an NIT‑Karnataka graduate; Abhinav Pathak serves as CEO. The startup is based in Bengaluru. Financially, Perpule recently raised $650,000 in a funding round led by Kstart Capital, with participation from Venture Highway and Raghunandan G.

• Active.ai

  Led · Equity · May 2016

  Active.Ai is a Singapore-based startup operating at the intersection of fintech and artificial intelligence. The company develops AI-driven fintech products. It recently raised $3 million in a Series A follow-on round. Named participants in the round include InnoCells and Vertex, alongside other undisclosed investors. The company says the proceeds will be used to develop its product and expand into new markets. The article does not disclose operating metrics, valuation, or a founding year. Active.Ai is a fintech startup headquartered in Singapore with an R&D lab in Bengaluru. The article identifies the company as operating in the fintech sector but does not detail its specific products or services. It has completed an $8.25 million Series A financing round. The round was led by Vertex Ventures, Creditease Holdings and Dream Incubator. The article does not disclose operating metrics, use of proceeds, or additional financial details. No founding year or prior rounds are mentioned in the article. Active.ai is a Singapore-based fintech startup. The company announced it has raised $3 million in funding. The investors named in the article were IDG Ventures India and Kalaari Capital. The article does not disclose the financing instrument, round stage, valuation, or any operating metrics. No information on future plans, revenue, users, past rounds, or founding year was provided in the article. Active.ai was founded in 2016 and provides a tech platform for banks, wealth managers and financial services companies to interact with customers. The company's platform is positioned to enable customer interactions for financial institutions. The article reports that an investment of $500,000 was made in Active.ai. The headline attributes the investment to Kalaari Capital. The article body additionally states that Kstart invested $500,000 each in three startups, including Active.ai.

No current team members are available.