RED Health’s ambulance business is struggling to scale

In the past year, the Hyderabad-based startup doubled its workforce to expand. Now it is letting hundreds go as it faces harsh ground realities.

11 September, 202314 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Health
Story image

How Kerala brought its infant mortality rate to a historic low

Decades of investment in health and social infrastructure went into getting the southern state’s infant mortality rate down to 5 deaths per 1,000 live births—far lower than the national average of 25.

Internet
Story image

SuperK has a playbook for solving India’s small-town retail problem

Investors are betting on the value retail chain’s franchise model to disrupt the retail market in small-town India. By the looks of it, the six-year-old startup seems to have gotten a lot of things right.

Internet
Story image

The quick rise and even quicker fall of India’s smartwatch industry

At a time when startups selling chips or pet food have raised millions of dollars in funding, investors have shunned wearable tech companies. The fate of the sector hangs in the balance.