Thursday
May 19
2016

This Social Entrepreneur Got Attention and Funding from Ratan Tata

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.

Image credit: KLE Tech – BVBCET MEDIA via Flickr

Source: Entrepreneur India (link opens in a new window)