StanPlus, which plans to offer 8-min ambulance service, raises $20 mn

Hyderabad-based online ambulance aggregator StanPlus has raised $20 million in funding from HealthQuad, Kalaari Capital and HealthXCapital. While groceries in India are delivered in 10 minutes, ambulances take 45 minutes, Co-founder and CEO Prabhdeep Singh said. He added that the startup will use the funds to scale up operations and bring down ambulance ETA from 15 minutes to eight minutes.