Author Archive for Sameer

Morpheus announces dates for next batch. To invest 5 L per startup

Its really good to see a bunch of active initiatives and discussions around providing support to the young entrepreneurs who are just getting started.

The Morpheus (previously known as, Morpheus Venture Partners) is one such initiative. The Morpheus is a business accelerator and we work with companies at idea / early stage. Thus far in our Business Acceleration Program, we were investing only sweat capital. We did 20 deals in that model and have worked with a group of exciting startups.

Based on our work with these 20 companies we have raised a small corpus and will start investing INR 5 Lakhs (approx. USD 10,000) as financial capital, beginning with Batch 4 in Mar 2010. We believe that our Business Acceleration Program along with the investment could give enough momentum for startups to take off. However, we may not be the right partners for folks who are looking only for funding.

Click here to read the complete announcement on our blog. Last date to apply for the upcoming batch is March 10, 2010.

Barcamp Chandigarh @ 22 Nov

The startup ecosystem in Chandigarh, the city beautiful, is buzzing with activity. On 12 November the results of Business plan competition, Enterprize – organized by TIE Chandigarh & Chandigarh Administration, were announced. The winners got place in the EDC setup by the Chandigarh Administration, in the IT park.

Continuing the good news for start-up folks, Fountainhead School of Business is organizing BarCamp Chandigarh – an extreme popular unconference, on 22 November. It will be a day long event that provides you the opportunity to attend some interesting sessions, meet like-minded folks, network and peek into the startup scene here. Barcamp Chandigarh is also inviting folks who would like to conduct a session. Go ahead and signup to attend the event or to conduct a session at the Barcamp.

MVP is a supporting partner for the the event and we are doing our bit to make the event a good one.

Seeyou at the First BarCamp Chandigarh this Sunday!

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)

Joining a pre-VC startup

Here is a post I wrote about joining pre-VC startups:

First time enterpreneurship

This articles page has a set of really good articles and advise for first time enterpreneurs.

The first time I found this I was up all night reading as many articles as I can ( while watching a late night football world cup match)

Enjoy folks!