Tata invests in US based medical emergency response startup, MUrgency
Founded in Silicon Valley in the year 2014, MUrgency is a global medical emergency response startup that is successfully building a network to connect people who need help with the first responders. It was recently funded by Ratan Tata to grow its network in India.
Chairman Emeritus of Tata Sons, Ratan Tata has invested an undisclosed amount in a startup called MUrgency Inc., founded by Shaffi Mather. The startup, incubated out of Standford ChangeLabs, had recently received seed funds also from Kris Gopalakrishnan and S D Shibulal led by Axilor Ventures. The Major reason of investment in MUrgency by Tata group is to facilitate its launch and growth in network in India.
Thrilld & humbld @RNTata2000 invests in MUrgency Inc @MUrgencyNetwork building ONE GLOBAL EMERGENCY RESPONSE NETWORK pic.twitter.com/e77uOz5NDh
— Shaffi Mather (@shaffimather) May 17, 2016
The startup plans to utilize the funds to augment technology and operation development, while clouting Tata’s network to upsurge the emergency response network globally. In February this year, the company launched its services in cities of Chandigarh, Mohali and Panchkula of Punjab and Haryana. This is bound to connect the network of 36 hospital emergency rooms, over 40 ambulances and over 350 medical professionals to the needy.
MUrgency claims to avail the emergency response within nine minutes in urban cities, with just a tap on mobile. It is planning to expand its services to the cities of Amritsar and Jalandhar in the last week of May this year. The startup aims to cover India by 2018 and the world by 2020.
- MUrgency, incubated out of Standford ChangeLabs, had recently received seed fund also from Axilor Ventures.
- In February, the company launched its services in cities of Chandigarh, Mohali and Panchkula connecting 36 hospitals, 350 medical professionals with people seeking help.
- It is planning to expand its services to the cities of Amritsar and Jalandhar in the last week of May this year.