by admin | May 25, 2021 | Business, Large Enterprise
Kochi, (IANS) Ratan Tata, chairman emeritus of Tata Sons, has made an investment in the US-based medical emergency response start-up app company, MUrgency Inc., founded by a Keralite.
“Tata’s involvement is an affirmation of the importance of a reliable emergency medical response network,” said company founder Shaffi Mather, who has served briefly as an economic advisor to Kerala Chief Minister Oommen Chandy.
Ratan Tata wanted MUrgency to launch and grow the network in India first before taking it overseas, Mather said, adding the investment will help attract talent to the company and partnerships beyond India.
MUrgency will use the proceeds of the funding to augment technology and scale up operations besides leveraging Tata’s experience and network to develop the emergency response network globally, he said.
The company launched its service in February in the TriCity (Chandigarh-Mohali-Panchkula) area of Punjab and Haryana with a responder network of 36 hospital emergency rooms, over 40 ambulances and over 350 medical professionals.
MUrgency plans to launch its service in Amritsar and Jalandhar by the end of this month and cover entire state of Punjab by June.
by admin | May 25, 2021 | Markets, News
Kochi, (IANS) Holiday Group, one of the joint developers of SmartCity Kochi, on Wednesday began construction of its 14.37 lakh square feet IT tower that will have offer office spaces for the IT/ITES sector along with supporting retail establishments that offer a wholesome working environment for employees at the Smart City.
Spread over 6.27 acres, the new building will have twin towers each comprising 10 storeys.
The much-delayed Smart City project was inaugurated with a 6.5 lakh square feet building in February.
Baju George, interim CEO of SmartCity Kochi, said the project was in full throttle now to meet the 2020 deadline for its completion.
“SmartCity is on track for changing the business and social landscape of Kochi. With the promise of delivering world-class IT and social infrastructure to multi-national companies, SmartCity Kochi is getting closer to its grand vision of setting up a world-class ecosystem that provides for quality working and living,” said George.
Singapore-based MariApps, which offers state-of-the-art maritime enterprise solutions for the marine industry in Europe and Southeast Asia, among other locations, will be the first company to be operational from SmartCity Kochi on May 20.
Another Singapore-based company, Singnet Solutions, will open office in the first week of June.
Singnet Solutions chairman M.K. Anes said the company was looking up to its India entry at SmartCity Kochi as it hopes to spread to the Middle East and beyond.
