Morpheus Venture Partners, the YCombinator styled Indian incubator, has announced the launch of its latest batch of startups.
This latest batch of startups includes:
1) Adscoot – An outdoor advertising startup targeted towards SME’s. Yet to launch publicly, the startup allows advertisers to buy adspace on remodelled scooters, assign a route that the scooter travels and track the campaign live.
2) EasySquareFeet - A full service real estate startup with the aim to make real estate rental / sale / buying easier.
3) InterviewStreet - Helps students to prepare for their placement interviews via mock interviews for the companies they’re interested in. Interviewers are industry professionals who sign up as a interviewer and get paid for every interview conducted.
4) Naabo – Naabo provides SaaS based product TurboDoc, which helps doctors manager their clinics and medical practice. Currently TurboDoc has support for Opthalmologists and dentists and has signed up about 100+ clients in Bangalore.
5) ReachTax – Provides professional tax filing and related services to SME’s in India. They have established a client base in Chennai and intend to expand nationwide.
6) RetailVector – Provides mystery shopping services to merchants and retailers. Retailers can get an exact idea / feedback on what quality of service is being provided by their employees
7) RobotsAlive – Aims to provide Indian education institutes with a cost effective alternative to reach robotics. They provide the complete package – ie, equipment, education, support for making robotics more accessible.
Scopial – Along the lines of Threadless, where users submit designs in contests and the winning designs are printed on T-shirts.
9) VeriCar – Vericar provides verfication and certification services for used cars. For a fee, they will evaluate / assess a used car and provide an indepth report of the condition of the car and its worth
10) Picsean – Still in the concept phase, Picsean hopes to become a thriving community of contributing photographers where, the content will be used to publish and offline travel magazine
MVP also provided an update on their existing portfolion companies:
* 1 exit – food@home was acquired by a larger catering company in march 2009
* 3 Series A funding – CommonFloor, Crederity, Instablogs
* 4 profitable – Deskaway, Fachak, Lifemojo, Sutra People
* 1 shutdown – Moblf (founders moved on to other ventures)
Additionally, Indus Khaitan, the former CTO of SezWho, which was accquired by JS-Kit, has joined the MVP team as a partner.
What do you think of MVP’s latest batch of startups ? Which one do you think has the biggest potential ? Do leave any feedback you might have.
I liked ReachTax the most and i think this business can be profitable without funding as well from day one.
Vericar is a nice concept too but their website looks horrible, infact pathetic.
This idea has great potential if they use it well and build credibility like CARFAX in US.
I liked Adscoot as a unique idea. Are they going to use the fund money to buy scooters remodel and print Ads.How are they going to charge each client, who will drive those scooters, they will use the fund money to pay those guys monthly salary.The idea has potential and i think this kind of idea does require funding, its a costly proposition.
Nabbo is good too.
Just read there blog on http://naabo.com/blog/?p=10…all must read this ‘Shashank is still a student’, the one who launched this service.
I am not sure some of these startups can really scale . Anyway , good luck to MVP!
I think its a very interesting set of companies for MVP. I am not much experienced but I am an executive search professional and what I can say with whatever little experience is it all boils down to the set of “people” (1st layer & 2nd layer) who would run the show. Its people who really matter! Good luck MVP, wish you make it big.
By the way Morpheus Venture does not really invest any money in companies. They take a 4-8% stake in your company, in return for giving you some guidance etc.
Is it worthwhile?
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Established in 1997, St. Gregorious Edu-Guidance is a leading education consultancy services providing exemplary service to students all over India. We deal in Admissions to all major professional courses in Premier Institutes across India. We are your one step solution for all career related needs, it may be MD, MBBS BE, BTech (ALL BRANCHES), , MDS, BDS, BPharm, BArch, MBA, MTech, MS, , PhD or any other courses. We provide personalized career solutions on an individual basis keeping in mind the aspirations of our client as well as the affordability factor.
FOR ALL CAREER RELATED NEEDS CONTACT US :
St. Gregorious Edu-Guidance,
#2, 2nd Floor,
J J Complex, Above Chemmannur Jewellers,
Marthahalli – P O,
Bangalore – 560037
Karnataka
e-mail :jojishpaily@gmail.com
Contact: +91 9448516637
+91 9886089896, +91 9449009983
080-32416570, 41719562
Website: http://www.stgregoriousedu.com