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MUrgency gets Ratan Tata to invest in medical emergency response, funds to be used for tech upgrade

Our Bureau, BengaluruWednesday, May 18, 2016, 13:40 Hrs  [IST]

Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the San Francisco based medical emergency response start-up app company, MUrgency Inc, developing ‘One Global Emergency Response Network’.  The international award winning mobile app makes emergency response available with just one tap on a mobile phone in under 9.0 minutes in urban areas.

MUrgency Inc. 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.

The two year old company recently received investment from Kris Gopalakrishnan and S D Shibulal led Axilor Ventures. The company also recently won tow awards in the US: Startup of the Year at Startup Grind 2016, Redwood City and First Prize in Health & Wearables at SXSW Festival, Austin. In February it launched its service in the TriCity area in Punjab, 2016 with a responder network of 36 hospital emergency rooms, 40+ ambulances and 350+ medical professionals. Now it is slated to unveil its 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.

“This latest 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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