A Morpheus portfolio company’s feedback

“With due respect to the Morpheus guys but I have never seen a single post from any of the ex-morpheus companies detailing how it helped (or not helped them). Because of this I just dont know what value they bring to table”sushrutbidwai

“I was just thinking that we should get some Morpheus guys to post a short testimony here. You know, as we are the Indian Entrepreneur Community, they must be interested”rick_2047

These are 2 comments on a recent post – “Morpheus’s Batch 6 – Startup Acceleration Program Application is now open!”, on Hackerstreet.

Yes, that’s a fair enough argument. So this is me, Shashank ND from Practo.com, Morpheus Batch 3 (July 2009) sharing my thoughts on how we are benefiting from being part of the Morpheus Portfolio Companies : Continue reading “A Morpheus portfolio company’s feedback”

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A Morpheus portfolio company’s feedback

How the government is killing Indian startups

Some of the recent moves by the Indian Government & its associated Institutions are hurting Indian Startups real bad.

Here’s how –

1. No Automatic Online Payments, thanks to ‘3D Secure’- RBI says, “We will not allow businesses to charge credit cards automatically, even if the credit card holder authorizes such a permission. Each time a transaction is done, a manual intervention by the card holder is necessary.” This is DUMB. This prevents companies from billing a customer on regular intervals automatically. This is inconvenient for the users and kills SaaS companies. Continue reading “How the government is killing Indian startups”

How the government is killing Indian startups