This Social Entrepreneur Got Attention and Funding from Ratan Tata The business tycoon invested in San Francisco-based medical emergency response startup MUrgency Inc.

By Samiksha Jain

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

World Wide Web
Ratan Naval Tata, an Indian businessman, investor, philanthropist and chairman emeritus of Tata Sons.

Ratan Tata, one of the famous business tycoons of India is again in news for his love for startups. The Tata Sons Chairman Emeritus has invested in San Francisco-based medical emergency response startup MUrgency Inc. The mobile app startup makes emergency response available with one tap on a mobile phone in less than 9.0 minutes in urban areas.

Besides leveraging Tata's experience and network to develop the emergency response network globally through appropriate partnerships, the venture plans to utilize this funding to augment technology and scale operations. Apart from Tata's investment, the company has received an investment from Kris Gopalakrishnan and S. D. Shibulal led Axilor Ventures.

Founded in Silicon Valley in the year 2014 by Indian social entrepreneur Shaffi Mather, the startup is incubated out of Stanford ChangeLabs.

With a responder network of 36 hospital emergency rooms, over 40 ambulances and 350 medical professionals, Murgency on February 16 has launched their service in the tri-city area in Punjab.

This award winning startup aims to build a cross-subsidy model, where the "absolute poor can afford MUrgency's services without having to pay.'

Ratan Tata's love for Startups continues

In last two years, Tata has made more than 25 investments in startups. Indian startups which are backed by Tata include Lybrate, Swasth India and Invictus Oncology. Apart from this Tata's overseas investments include Altaeros Energies, a Boston-based wind energy startup; Xiaomi, China's largest smartphone maker and Crayon Data, a Singapore-based big data analytics firm.

Tata investment in any startup has always proven to be the life changing experience for any entrepreneur. Now let see how this social entrepreneur's life changes after grabbing investment from one of the known businessman of the India.

Wavy Line
Samiksha Jain

Former Staff, Entrepreneur.com

Related Topics

News and Trends

Bitcoin Blockchain's Average Transaction Fees Surged 900% To Stand At $15.65

The primary reason behind this drastic increase is said to be the introduction of Ordinals onto the Bitcoin Network

News and Trends

Shikhar Dhawan Invests In TagZ Foods And Joins On Board As Brand Ambassador

The partnership between TagZ Foods and Shikhar Dhawan is set to roll out soon, with a range of marketing and advertising campaigns planned to promote the brand' snacking experiences

Technology

Apple to Unveil its Mixed Reality Headset at Worldwide Developer Conference (WWDC) 2023, Kicking Off Tonight: Here's What To Expect

In the making for a few years now, the mixed-reality headset will place its users between the virtual and real world. The launch would be the most significant one by the iPhone maker.

News and Trends

Bollywood Actor Suniel Shetty Invests In Klassroom Edutech

Suniel Shetty's direct engagement is projected to boost the startup's social initiatives aimed at bridging the education gap for underprivileged students in India

News and Trends

KL Rahul Invests In Sequoia-Backed Hyugalife.com

KL Rahul, who is currently recovering from a sports injury has joined hands with HyugaLife.com to inspire every Indian to be their healthiest and best self with its all-encompassing platform