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There are 2 new posts in "WATBlog.com - Web, Advertising and Technology Blog in India" Morpheus Ventures Announces 7 New Startups Under Its ‘Y-Combinator’ ModelMorpheus Venture Partners whose ‘Y-Combinator Model’ was covered by us sometime back has now announced a fresh set of 7 startups that are being funded/mentored by them. Earlier Morpheus Ventures already had the following 4 startups in its portfolio:
Now it has added 7 startups under its portfolio which belong to varied domains; Peer-to-Peer (P2P) lending, Social Content Sharing, SaaS, VOIP, Startup hiring, online identity verification and Health 2.0.
There is no word on how much money (if any) is being pumped into these startups by Morpheus. As per my interaction with Sameer and Nandini the founders of Morpheus at Proto they take about 3-8% in Startups for mentoring and they had mentioned that they may even raise funds for their venture firm soon.
The following are the profiles of the startups that have been added: 1. Call Graph (www.callgraph.in) -
2. Crederity (www.crederity.com) -
3. Deskaway (www.deskaway.com)
4. Dhanax (www.dhanax.com)
5. Fachak (www.fachak.com)
Fachak is a concept that will redefine Social Content Sharing. A platform where you can share any form of content from a document to a video. Fachak is in its pre-release stage right now.
6. LifeMojo (www.lifemojo.com)
7. SutraHR (www.sutrahr.com / www.sutrajobs.com)
Sutra HR is a full services People Consulting firm which has a unique partnering model with Digital, Mobile and Internet startups and entrepreneurial companies in India, to find retain assess and train talent to take them to the next level and beyond. Based on the Success of its offline services, Sutra HR is launching SutraJobs.com an endeavour designed specifically for startups and Emerging companies in the new age media space who are venture funded or are too cash-strapped to afford the services of a consultant to find the right talent. (please note the above profiles are provided by Morpheus and are NOT reviewed by WATBlog. Would love to know what our readers think about these startups. We shall publish the best user submitted review here on WATBlog Related PostsAlso check out Our Jobsite: WATJob Our Video Show: WATShow Our Gaming Blog: WATGame Our Consulting: WATConsult Telenor may pick up 26% stake in Unitech Wireless for $500m; DoCoMo eyes Minority Stake in Tata TeleservicesIt has now become almost certain that India is fast becoming the top destination for global telecom firms to strategically expand their businesses. With all the activity surrounding the launch of 3G services for the 300 million (almost) subscribers in the country, international telecom companies are finding out that it would be wise to invest here. A while back, we wrote about Norwegian telecom firm, Telenor, who was planning to foray into the Indian Mobile Industry. Today, the Economic Times reports that the company is eyes to pick up a 26% stake in Unitech Wireless, the telecom sister of real estate major, Unitech. This, apparently, is going to cost $500 million to Telenor. Unitech Wireless has acquired licenses to operate in all 22 telecom circles in the country and have already received spectrum for six of them. However, Sanjay Chandra, the MD of Unitech, denied that a partner was finalized by his firm. According to him, they were still negotiating with various parties and it would not until a month from now that the deal would be closed. As per Industry Sources, Unitech has been in talks with several foreign telcos for a partnership since the beginning of the year. While the firm has been valued currently at $2bn, the promoters are hoping for a valuation of at least $3bn. On the other hand, Japan’s NTT DoCoMo seems to have come into the news lately as news has broken out about its lead to buy a minority stake in Tata Teleservices. The stake in the country’s sixth largest telecom operator is going to cost Rs. 5,000 crore, according to ET. Although the talks are in the final stages, the exact stake which the company will pick up is not known yet. There were reports in the media that France Telecom too was eyeing the stake, but the operator has denied these claims. Related PostsAlso check out Our Jobsite: WATJob Our Video Show: WATShow Our Gaming Blog: WATGame Our Consulting: WATConsult More Recent Articles
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Call Graph is a service to record, track, monitor, share and transcribe your calls. It is designed for distributed teams who use services such as Skype for their meetings, conference calls etc and for individuals who use such VoIP services for interviews, taking lessons etc. Currently, Call Graph provides a recording client for Skype for free along with 1 GB of storage space and 1 sample transcript.
Crederity is a new service that applies sophisticated technologies and programs to helping people and businesses easily establish trust on the Internet. As the web’s first guaranteed trust builder, Crederity enables people and businesses to certify their own integrity and that of others. Crederity has developed proprietary fact verification technologies enabling people to verify identity and credentials including background, education, and employment history.
DeskAway “simplifies teamwork”. DeskAway is a subscription-based online team and project collaboration service that enables small businesses & teams to organize, manage & track their work online. With the growing number of small businesses/ distributed teams, increased broadband penetration, and 24×7 mobile work culture, DeskAway is rightly poised to give teams an accurate view of how their projects are doing and help eliminate common problems that occur when multiple people are collaborating: email spam, multiple file versions, lost files, task accountability issues, lack of clarity & work transparency.
dhanaX stands for exchange of dhana or wealth, works with the vision to connect people from different economic backgrounds and thus create wealth for them. dhanaX (
LifeMojo’s focus is on creating a platform for delivery of preventive health care services and partner with renowned health experts for their consultation. For health care service providers, LifeMojo has a hosted CRM (Software as a Service or SaaS). The company already has Dr. Shikha Sharma, renowned weight management and health expert, as a customer for this offering and is in talks with several other individual health care experts and organizations. For people looking to live a fitter / healthier life, LifeMojo is a one-stop shop for expert consultation and fitness products. LifeMojo (
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