Having made around 25 investments in the startups during the past two years, including Lybrate, Swasth India and Invictus Oncology, the Tata Sons Chairman and Emeritus, Ratan Tata decided to invest in a San Francisco-based medical emergency start-up MUrgency Inc.
MUrgency was founded in 2014 in San Franciso, and it has already launched its services in the Tricity area of Punjab. Launched on February 16, they have a rendering responder network of 36 hospital emergency rooms, over 40 ambulances and over 350 medical professionals.
Claiming to serve the emergency in under 9 minutes in urban areas, one can just tap on a mobile phone.
While the financial details of the deal were not revealed, MUrgency have words of praise and pride on owning the badge of this deal.
“He (Tata) 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 partnerships beyond India.
MUrgency are set to launch their services in Amritsar and Jalandar by the end of this month. They decide to go Pan India by 2018 and then world wide by 2020.
“While our primary goal is to develop emergency medical response network, we are widening our service platform on your mobile phone. The app is live on iOS and Android App stores. and several features across the world are available already.” said the director of Global Emergency Response, MUrgency, Swetha Mangal.
MUrgency also received investments from Kris Gopal Krishnan, Executive Vice Chairman of Infosys and S D Shibulal, former CEO and MD of Infosys.
Apart from the investments in the healthcare sector, Ratan Tata has investments made in Chinese Smartphone maker Xiaomi and Singapore-based data analytics firm, Crayon Data.
Tags: MUrgency Ratan Tata Tata
