Press Release — Announcing our new batch of 10 startups & a new Partner

Morpheus Venture Partners (MVP) adds successful valley entrepreneur to team, announces new batch of 10 startups

The latest batch has a diverse set of startups ranging from apparel, financial services, automotive, advertising & education domains

Bangalore, India – August 14, 2009 – Morpheus Venture Partners (MVP) ( an India based venture firm, which works closely with select startups as a ‘limited co-founder’ announced names of 10 progressive startups participating in Batch 3 of its four month Business Acceleration Program (BAP).With this addition, MVP now has 20 companies in its portfolio.

The uniqueness of this batch is the diversity of the startups – ranging from apparel, financial services, automotive, advertising, robotics & education domains. This is also a step away from the original YCombinator program that was the inspiration to MVP’s Partners and focuses largely on web-technology startups.

“India has a lot of unsolved problems that lead to large markets opportunities,” said Sameer Guglani, Founding Partner – MVP. “That’s the reason our portfolio is focused on domains like education, health, automotive, apparel, retail, advertising and financial services.”

MVP has also expanded its team with Indus Khaitan joining as Partner in May 2009. Indus is a technology evangelist and an entrepreneur with over 10 years of product, technology & operational experience in the Silicon Valley. Indus started Tejit which was acquired in May 2008. Most recently, Indus was Chief Technology Officer of SezWho, a Silicon Valley startup which was sold to JS-Kit in Mar 2009. “We and all our portfolio companies are very excited to have Indus on board. He brings years of deep technology expertise, experience of building companies in the valley and his infectious passion for startups”, commented Nandini Hirianniah – Founding Partner, MVP

MVP Batch 3 Portfolio:

  1. Adscoot: Yet to launch, outdoor media startup, envisioning a new medium of advertising targeted at SMEs – More here
  2. EasySquareFeet: A full service real estate company, serving over 150 clients each month, with a mission to make the experience of renting / buying that all important SquareFeet ever so memorable! More here
  3. InterviewStreet: A beta platform that facilitates students’ preparation for their placement interviews via mock interviews for the companies they intend to work for. More here
  4. Naabo: Their flagship SaaS based product TurboDoc helps doctors manage their clinics & medical practice, and is used by more than hundred paid customers and growing. More here
  5. Picsean: Aims to be a comprehensive online and offline magazine rack, with content being aggregated from photographers – professional and amateur across the world! At an idea stage currently they are yet to launch. More here
  6. ReachTax: Envisioned to be the H&R block of India, they help individuals and businesses manage their finances and taxes. 10% of Small Businesses based out of Chennai, India filed their annual tax returns via Reach Tax in the last financial year. More here
  7. Retail Vector: A mystery shopping venture that aims to measure and help clients enhance customer satisfaction by leveraging real shopper experiences! More here
  8. RobotsAlive: With a dream to create a Robotics revolution in India; they make Robots and reach out to Education Institutes to use Robots to teach Robotics efficiently. More here
  9. Scopial: A hi-fashion Apparel Company powered by a strong community of International Designers who showcase their designs via Scopial. The top rated designs are made into best quality tees. More here
  10. VeriCAR: A used car verification and certification company started by two automobile geeks, with over 250 verifications and counting! They also help in Sale / Purchase of used cars. More here

Update on previous portfolio companies:

Share Button

10 Responses to “Press Release — Announcing our new batch of 10 startups & a new Partner”

  1. sahil parikh on startups, SaaS & his journey growing DeskAway » Morpheus Venture Partners (MVP) launches new batch! Says:

    […] going back to school-time, right? Morpheus Venture Partners, our advisory firm has just announced new new batch of startups that they are going to be mentoring. What is interesting to me is that MVP […]

  2. Startups and Life » Blog Archive » Annoucing Batch 3: 20 new gang members Says:

    […] The MVP gang just got bigger with the addition of 10 new startups and 20 new founders , taking the total to 20 companies and 40 founders. Read the official media release here. […]

  3. madhouse musings! » Blog Archive » Breaking News: 1 year and MVP is still growing (& strong!) Says:

    […] later, we’ve just announced 10 start-ups as part of our Third Batch and expanded our team. Read Release Here What does it mean to me, as a Partner and one of the founding members of MVP? A whole […]

  4. Why starting up? Zimblee. Says:

    MVP Batch 3…

    One stuffy, sultry evening, we met Sameer and Nandini at a McDonalds in Bandra. They asked a lot of questions about our company and said we’ll mentor you and guide you (and take a small stake in your company in return).
    Everyone I discussed this …

  5. Neurons at - Press release! Says:

    […] can find the official press release here with information about all the other […]

  6. Morpheus Venture Partners, the new batch of 10 & my official onboarding « Parisista Says:

    […] than 24 hours ago we announced our latest batch of 10 startups — each one of them is envisioning to bring a change using […]

  7. MVP - Announcing Batch 3 – New startups & new gang members at VentureWoods - India's leading venture capital community Says:

    […] The Morpheus Venture Partners (MVP) gang just got bigger with the addition of 10 new startups and 20 new founders, taking the total to 20 companies and 40 founders. Read the official media release. […]

  8. Morpheus Venture Partners (MVP) announces its third Batch « Startupveda Says:

    […] Complete press release here […]

  9. Random Thoughts » Interview Street – Connecting Corporates and Campuses Says:

    […] Venture Partners has announced their latest batch of startups. InterviewStreet, a chennai-based startup, seems to be an interesting idea. Students […]

  10. nik Says:

    good to see incubators helping entrepreneurs …

Leave a Reply

You must be logged in to post a comment.