Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the San Francisco based medical emergency response startup app company, MUrgency Inc., developing One Global Emergency Response Network. The company will use the proceeds of the funding to augment technology and scale operations besides leveraging Tata’s experience and network as a global business leader to develop the emergency response network globally through appropriate partnerships.
Ratan Tata has made more than 25 investments in startups in the last two years. Healthcare startups that have benefitted from his investment include Lybrate, an online doctor consulting start-up, Swasth India, a startup which focusses on cancer treatment and health data analytics and Invictus Oncology, a cancer therapeutic startup.
Founded in 2014 by Indian Social Entrepreneur Shaffi Mather in Silicon Valley and incubated out of Stanford ChangeLabs, MUrgency Inc. recently received investment from Kris Gopalakrishnan and S. D. Shibulal led Axilor Ventures. The startup launched their service in the TriCity area in Punjab, India on 16 February, 2016 with a a responder network of 36 hospital emergency rooms, 40+ ambulances and 350+ medical professionals. MUrgency is slated to launch service in Amritsar and Jalandhar in the last week of May, 2016 and cover entire state of Punjab by end June, 2016. The company plans to make its services available across India by 2018 and around the world by 2020.
“Tata’s involvement is an affirmation of the importance of a reliable emergency medical response network for the world and of course India to save lives which are otherwise lost for want of timely medical attention. He clearly wanted us to launch and grow the network in India first before taking it overseas. Mr. Tata’s investment in MUrgency will help attract leading talent to the company and major partnerships beyond India.” said Shaffi Mather, Founder, MUrgency Inc.
Apart from MUrgency, Tata’s investment in overseas companies include among others, Boston-based wind energy startup Altaeros Energies, China’s largest smartphone maker Xiaomi and Singapore-based startup Crayon Data, a big data analytics firm.
Sweta Mangal, Director, Global Emergency Response, MUrgency Inc. said, “While our primary goal is to develop the emergency medical response network, we are widening our service to be an inclusive and comprehensive medical service platform on your mobile phone. The app is live on iOS and Android app stores and several features are accessible across the world already.”
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