MVP – Announcing Batch 3 – New startups & new gang members

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.

Personally I am very excited with this new batch, already been learning a lot of stuff. Would love to know what do you guys think of them.

* How are high-quality designers t-shirts made? Starting right from the thread (Scopial)
* How do you help a second hand car buyer make his decision? (veriCAR)
* Insider’s view on how do doctors manage their clinics (Naabo)
* How to create measurable out of home media? (AdScoot)
* How can you apply the Easy Cab model to the real estate industry? (EasySquareFeet)
* How good is the “customer experience” at Food & Grocery departmental stores with special focus on juices section? (Retail Vector)
* Is India going to see a Robotics Revolution? How hip are the girls of NID (Robots Alive – they are incubated @ National Institute of Design. We visited them last month)
* What do final year students need to prepare well for campus interviews? (InterviewStreet)
* The only reason Small business Owners in India file tax returns is to get bank loans. (ReachTax)

5 Responses to “MVP – Announcing Batch 3 – New startups & new gang members”

  1. @Sure,

    Wagering on the entrepreneurs is the best bet. Only time will tell how they pass the test of execution & how this list fares up in the next 3-4 years.

    Cheers!

  2. Sure says:

    I must say I am disappointed to go through the list. I have been partially following the VC/angel investment industry in India for the past 6-7 years and this is as much similar a list to any other VCs. The issues that I have:

    1. While investors always keep complaining that the startup scene in India lacks innovativeness, they still end up investing in mainly “me-too” models. The t-shirt designing scene is building up like another DVD rental thing. Everybody wants to just get into it without any differentiating factor. Same for campus interviews and second hand car buyers

    2. Except the robot idea and maybe 1 more, I don’t see any model there, which is worth making it to the million-dollar club in the next 2-3 years

    3. In other words the investors are encouraging young entrepreneurs to come up with “me-too” models with slight differentiation and better packaging in effect avoiding them to think hard and rack their brains to come up with real innovative business models, which they are sure capable of

    It will be interesting to see how this list fares up in the next 3-4 years.

  3. @Karthik, Thanks!

    @Raman,

    There is no revenue share with the portfolio company. The model can be discerned from the FAQ http://morpheusventure.com/faq/ (yeah longish, we should have a Cliff’s Notes version of it).

    Regards.

  4. Raman says:

    This is good and unique way of venturing out. How do you guys work out the revenue sharing if there is any ?

  5. Karthik says:

    Interesting business model. Good luck to you guys!

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