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Red.Health secures $20 million in Series B

Bengaluru-based healthtech startup Red.Health has raised $20m in a Series B funding round led by Singapore-based venture capital firm Jungle Ventures. The round also included participation from existing investors such as Kalaari Capital and new investors including HealthQuad, HealthX, and Alteria Capital. The funds will be used to develop technology-driven solutions for the emergency value chain and expand the company's presence from 20 to 40 cities across India, as well as introduce new product lines. Red.Health is an emergency response platform that aggregates ambulances and aims to provide quick and accessible medical assistance.

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