Processing .....please wait.. 
The article has been forwarded.... 
The launch of Morpheus Tritiya will boost Indian Start-ups
By siliconindia
|
1 Comments
Bangalore: The start-up accelerator, The Morpheus, earlier known as Morpheus Venture Partners, which focuses on working with early-stage tech ventures, announces its new fund called the Morpheus Tritiya. Depending on the confirmation, the fund can go up to 
4- 5 crore, which is currently at 3.5 crore, reports VC Circle.
With a portfolio of helping more than 30 start-ups at various stages of development in the past three and a half years, the company currently plans to use the fund to micro-fund 60 to 70 start-ups in the coming three to four years.
Co-Founded by Sameer Guglani and Nandini Hirianniah, The Morpheus currently has 25 active start-ups and more than 65 founders. Sameer works with portfolio companies on strategy, product, sales, marketing and various other aspects required to kick start a company. He is also an independent filmmaker with film festivals movies to his credit. Nandini Hirianniah is a serial entrepreneur with more than 12 years of professional experience. She has been a part of various media and technology start-ups. She campaigns for the end customer and her core expertise is product design with special focus on usability and customer experiences and measurable marketing strategies.
The Morpheus runs a Start-up Acceleration Program for the young start-ups designed to guide them through this treacherous phase. During this phase, they work as a limited co-founder who is experienced and well connected. Hirianniah said that the early stage start-ups require a lot of help and support who can provide the necessary guidance to them. They are keen on building a community where they can co-exist and support these companies.
The Morpheus select teams in six months for which they need to submit application and once selected, the teams receive four months of thorough support from the Morpheus as a limited co-founder. Each start-up receives a sum of 5, 00,000 in addition to the lifelong support provided by the organization.
The future plans of the company is to raise another fund which will be solely used for follow-on investments in the initial companies, said Hirianniah.
4- 5 crore, which is currently at 3.5 crore, reports VC Circle.
With a portfolio of helping more than 30 start-ups at various stages of development in the past three and a half years, the company currently plans to use the fund to micro-fund 60 to 70 start-ups in the coming three to four years.
Co-Founded by Sameer Guglani and Nandini Hirianniah, The Morpheus currently has 25 active start-ups and more than 65 founders. Sameer works with portfolio companies on strategy, product, sales, marketing and various other aspects required to kick start a company. He is also an independent filmmaker with film festivals movies to his credit. Nandini Hirianniah is a serial entrepreneur with more than 12 years of professional experience. She has been a part of various media and technology start-ups. She campaigns for the end customer and her core expertise is product design with special focus on usability and customer experiences and measurable marketing strategies.
The Morpheus runs a Start-up Acceleration Program for the young start-ups designed to guide them through this treacherous phase. During this phase, they work as a limited co-founder who is experienced and well connected. Hirianniah said that the early stage start-ups require a lot of help and support who can provide the necessary guidance to them. They are keen on building a community where they can co-exist and support these companies.
The Morpheus select teams in six months for which they need to submit application and once selected, the teams receive four months of thorough support from the Morpheus as a limited co-founder. Each start-up receives a sum of 5, 00,000 in addition to the lifelong support provided by the organization.
The future plans of the company is to raise another fund which will be solely used for follow-on investments in the initial companies, said Hirianniah.
