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About Morpheus Gang

Morpheus Gang, an accelerator and incubator program founded in 2008, is based in Chandigarh, India. With a presence in 3 countries, it has supported around 86 startups in sectors like Enterprise Applications, Consumer. As of Aug 2026, Morpheus Gang has witnessed 8 portfolio exits. Most notable companies in its portfolio include Unacademy, Hiver and Practo. The program is backed by a team of 2 people who primarily support Seed startups based in India. Its latest investment was a $471K Seed round in Zepo.in on Dec 01, 2016, which also saw participation from LetsVenture and Hetal Sonpal.
Key Metrics
Founded Year
2008
Location
Chandigarh, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Angel
Locations of Investment

Morpheus Gang's List of Top Investments

Morpheus Gang has a portfolio of 86 companies. Their most notable investments are in Skillzot and Zepo.in.Their portfolio spans across India, United States and Singapore. They have invested in Enterprise Applications, Consumer, EdTech and 23 other sectors, across stages such as Seed, Angel stages. Here is the list of top investments by Morpheus Gang:
Provider of online educational resources and structured courses for exam preparation. They offer live classes with educator interaction and doubt clearing sessions. The platform provides access to recorded classes for learning anytime, anywhere. Resources include practice sections, mock tests, and downloadable lecture notes.

Key facts about Unacademy

  • Founded Year: 2015
  • Location: Bengaluru (India)
  • Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $880M
  • Employee Count: 1,799 as on Jul 31, 2025
  • Investors: ABG Capital, Dragoneer Investment Group and 68 Others
  • Latest Funding Round: Series H, Aug 01, 2021, $*****
  • Highlight: Acquired
Email collaboration tools for sales and project management. The platform turns email inbox into a collaboration tool to help support, sales, project management, recruitment, and operations teams collaborate efficiently from their inbox. It offers shared labels in Gmail to share useful emails and attachments, assign tasks, and track status on support and sales queries. Shared Email Archive to which a team can add email conversations that can also integrate with Gmail Labels to automate archival and sharing of important emails. It is integrated with Google Apps and is available on the Google Apps marketplace.

Key facts about Hiver

  • Founded Year: 2011
  • Location: San Jose (United States)
  • Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
  • Stage: Series B
  • Total Funding till date: $46.2M
  • Employee Count: 283 as on Jul 31, 2026
  • Investors: Kalaari Capital, Morpheus Gang and 8 Others
  • Latest Funding Round: Series B, Sep 29, 2022, $*****
  • Highlight: Editors' Pick
Online platform for booking doctor appointments and consulting healthcare professionals. It is a healthtech company that offers a digital platform enabling patients to consult with doctors, schedule appointments, and access a variety of medical services. The platform connects users with a verified network of healthcare professionals and provides features like video consultations, digital prescriptions, and lab test bookings. Patients can explore doctor profiles, book confirmed appointments, and engage in chat-based teleconsultations. Additionally, it supports doctors and clinics with tools for practice management and reputation building. The app also allows users to store and manage medical records and order medicines online using prescriptions.

Key facts about Practo

  • Founded Year: 2008
  • Location: Bengaluru (India)
  • Annual Revenue: SGD 10M - 50M as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series D
  • Total Funding till date: $231M
  • Employee Count: 76 as on Feb 28, 2026
  • Investors: CapitalG, Elevation Capital and 45 Others
  • Latest Funding Round: Series D, Apr 26, 2022, $*****
  • Highlight: Editors' Pick
Provider of online job portals for management and professional roles. This platform facilitates connections between job seekers and recruiters across various sectors including finance, sales, marketing, consulting, human resources, information technology, operations, and legal services. The service enables users to search for employment opportunities, track application statuses, and communicate with recruiters through a digital interface. It supports recruitment processes for specialized roles in artificial intelligence and general management.

Key facts about Iimjobs.com

  • Founded Year: 1995
  • Location: Delhi (India)
  • Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $2.18M
  • Employee Count: 5,953 as on May 31, 2026
  • Investors: India Quotient, Avendus and 44 Others
  • Latest Funding Round: Series A, Nov 09, 2016, $*****
  • Highlight: Acquired
Map-based residential real estate property listing portal. It is a real estate portal dedicated to apartments and gated communities. Offers map-based search engine for finding properties for sale and rent. It is also an online community management platform that helps in buying, selling or renting properties. It launched VR solution for new homes using Google's Cardboard tech. The portal is free for end-users but the firm charges businesses for listing, marketing and advertising on its site. It claims to have over five lakh property listings on its platform.

Key facts about CommonFloor.com

  • Founded Year: 2007
  • Location: Bengaluru (India)
  • Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $69.6M
  • Employee Count: 807 as on Jul 31, 2026
  • Investors: CapitalG, Accel and 6 Others
  • Latest Funding Round: Series E, Dec 24, 2014, $*****
  • Highlight: Acquired

Morpheus Gang's Investments by Stage

Morpheus Gang has made 21 investments in Seed stage with an average round size of $74K and 3 investments in Angel stage with an average round size of $200K.
Here are Morpheus Gang's investments by stage:
Stage of entry
No. of Investments
Seed
21
Angel
3
Breakdown of Morpheus Gang's investments by stage of entrySeed (21)Angel (3)
Note: We have considered here, only first round of investments

Morpheus Gang's Investments by Sector

Morpheus Gang has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, EdTech and Vertical SaaS. Notably, it has invested in 71 Tech companies, 46 Consumer (B2C) companies, 41 Enterprise (B2B) companies and at least 35 companies focusing on Software.
Here are Morpheus Gang's investments by sector:
Sector
No. of Investments
Consumer
11
Enterprise Applications
10
Retail
6
EdTech
3
Vertical SaaS
3
Others
13
Breakdown of Morpheus Gang's investments by sectorsConsumer (11)Enterprise Applic... (10)
Note: We have considered here, only first round of investments

Morpheus Gang's Investments by Geography

Morpheus Gang has made most investments in India (21), followed by United States where it has made 3 investments.
Here are Morpheus Gang's investments by geography:
Country
No. of Investments
India
21
United States
3
China
1
Breakdown of Morpheus Gang's investments by countriesIndia (21)United States (3)
Note: We have considered here, only first round of investments

Morpheus Gang's recent investments

Morpheus Gang has not made any investment in 2026 so far.
Here are the most recent investments by Morpheus Gang:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Dec 01, 2016
India
Seed
3541
  [+49]
Dec 20, 2013
India
Seed
6780
-
Nov 26, 2013
India
Seed
4323
-
Sep 03, 2013
India
Seed
9182
-
Dec 20, 2012
India
Seed
4083
-

Acquired companies in Morpheus Gang's Portfolio

8 companies from Morpheus Gang's portfolio have been acquired. The most recent acquisition was Unacademy in Mar 2026 by UpGrad for $*****.
Here are Morpheus Gang's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Mar 15, 2026
-
-
5551
Nov 23, 2021
-
-
2374
May 27, 2019
Sep 2011
Seed
1663
Aug 28, 2018
Apr 06, 2011
Seed
7484
Feb 17, 2016
May 02, 2012
Angel
2111

Team profile of Morpheus Gang

Morpheus Gang has a team of 2 members including 2 Partners located in India and United States. Morpheus Gang's team does not sit on the board of any company as of now.

Co-investors of Morpheus Gang

Over the past 17 years, 229 investors have co-invested in Morpheus Gang's portfolio companies. This includes funds and angels.

  • Top Co-investors of Morpheus Gang13 investors entered a company along with Morpheus Gang. These include investors like Sequoia Capital (2 companies).
  • Invested after Morpheus GangA total of 216 investors have invested in Morpheus Gang's portfolio after their investments. Top Investors include One97 Mobility Fund (4 companies) and Vijay Shekhar Sharma (3 companies).

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