The Naabo Blog

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) (www.morpheusventure.com) 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 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