Healthcare platform RED.Health secures $20 mn

New Delhi: Healthcare platform RED.Health on Wednesday said it has raised $20 million in its Series B funding led by Jungle Ventures.

The fresh funds will be utilised in the expansion of services across more than 40 cities and the launch of new product lines, said the company that is known for its ability to dispatch ambulances within eight minutes.

The funding round also saw participation from existing and new investors including HealthQuad, HealthX, and Alteria Capital. "With this round, we’re set to scale operations in becoming the only integrated medical emergency response platform in India,” said Prabhdeep Singh, Founder and CEO of RED.Health.