When was Morpheus IVF founded?

Morpheus IVF was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Morpheus IVF located?

Morpheus IVF is headquartered in Mumbai, India. It is registered at Office 408, Meadows, Bldg. No.6, Sahar Plaza , A.K Road, J B Nagar, J.B. Nagar, Mumbai, Mumbai, Maharashtra, India, 400059.

Which legal entities is Morpheus IVF associated with?

Morpheus IVF is associated with MORPHEUS LIFE SCIENCES PRIVATE LIMITED and 6 others.

How many employees does Morpheus IVF have?

As of Jul 31, 2026, the latest employee count at Morpheus IVF is 24.

Is Morpheus IVF a funded company?

Morpheus IVF is a funded company, having raised a total of $7.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 26, 2009.

How much is Morpheus IVF worth?

The latest valuation of Morpheus IVF is $***** as of Aug 12, 2022. This marks a decline of 7% from its peak valuation of $5.7M in Oct, 2009. This marks a decline of 7% from its peak valuation of $5.7M in Oct, 2009.

When was the latest funding round of Morpheus IVF?

Morpheus IVF's latest funding was a $***** Angel round on Aug 12, 2022, with participation from 1 investor. Its primary sector is Clinic Chains. In India, the Clinic Chains sector has seen $108M in funding in 2026 to date.

What is the annual revenue of Morpheus IVF?

Annual revenue of Morpheus IVF is between ₹10 Cr and ₹50 Cr as on Mar 31, 2023

Where does Morpheus IVF rank among its competitors?

Morpheus IVF ranks 17th amongst 111 active competitors, of which 11 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Iswarya Fertility Center, which secured $37M in Jul, 2026.

Who are the top competitors of Morpheus IVF?

Morpheus IVF's top competitors include Indira IVF Hospital, Oasis IVF and Nova IVF Fertility. Among them, Iswarya Fertility Center secured the most recent funding round in July, 2026.

Morpheus IVF - 2026 Company Profile, Team, Funding, Competitors & Financials

Morpheus IVF is a seed company based in Mumbai (India), founded in 2008 by Waseem Khan and Varsha Jhunjhunwala Kush. It operates as a Chain of fertility clinics. Morpheus IVF has raised $7.3M in funding from investors like Shivani Scientific, IVF International and Mittal Beauty, with a current valuation of $*****. The company has 111 active competitors, including 11 funded and 10 that have exited. Its top competitors include companies like Indira IVF Hospital, Oasis IVF and Nova IVF Fertility.

Company Details

Chain of fertility clinics. It offers a range of IVF treatments, including egg retrieval, fertilization, embryo transfer, Intracytoplasmic Sperm Injection, IMSI, Embryo Freezing and Storage, Egg Donation, Genetic Testing, Fertility Preservation, and Counseling and Support Services.

Website: morpheusivf.com
Social
Registered Address: Office 408, Meadows, Bldg. No.6, Sahar Plaza , A.K Road, J B Nagar, J.B. Nagar, Mumbai, Mumbai, Maharashtra, India, 400059

Key Metrics

Founded Year

2008

Location

Mumbai, India

Stage

Seed

Total Funding

$7.3M in 6 rounds

Latest Funding Round

Angel, Aug 12, 2022, $*****

Post Money Valuation

$***** as on Aug 12, 2022

Investors

Shivani Scientific & 11 more

Ranked

17^th among 111 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

24 as on Jul 31, 2026

Similar Companies

Indira IVF Hospital & 167 more

View Morpheus IVF's full profile

Morpheus IVF is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MORPHEUS KASTURI INTERNATIONAL IVF CENTER LLP CIN: AAM-5403 , India, Active	May 02, 2018	0 - ₹10 Cr (As on Mar 31, 2023)	-
MORPHEUS LIFE SCIENCES PRIVATE LIMITED CIN: U74900MH2009PTC193572 , India, Active	Jun 25, 2009	₹10 - ₹50 Cr (As on Mar 31, 2023)	12 (As on Jan 01, 2024)
Morpheus Ivf Medihope International Fertility Center Llp CIN: ABA-8770 , India, Active	Apr 08, 2022	-	-
MORPHEUS KOLKATA INTERNATIONAL IVF CENTER LLP CIN: AAM-5247 , India, Active	May 01, 2018	0 - ₹10 Cr (As on Mar 31, 2022)	-
MORPHEUS BILASPUR INTERNATIONAL IVF CENTRE LLP CIN: AAJ-7149 , India, Active	Jun 14, 2017	0 - ₹10 Cr (As on Mar 31, 2018)	-
Morpheus Ivf Mattoo Medicare Test Tube Baby Center Llp CIN: ABZ-5316 , India, Active	Dec 20, 2022	-	-
MORPHEUS AURANGABAD INTERNATIONAL IVF CENTER LLP CIN: AAL-4526 , India, Active	Dec 20, 2017	0 - ₹10 Cr (As on Mar 31, 2020)	-

Morpheus IVF has raised a total funding of $7.3M over 6 rounds. Its first funding round was on Oct 26, 2009. Its latest funding round was a Angel round on Aug 12, 2022 for $*****. 1 investor participated in its latest round. Morpheus IVF has 4 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Morpheus IVF:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 12, 2022	8271045	Angel	1758822	5819339	4004200	2054212
May 28, 2018	6878883	Seed	6494356	3516669	3843828	Raj Parekh & 2 more
May 23, 2015	2494526	Seed	8446947	6895264	Mittal Beauty & 3 more	Raj Parekh & 2 more

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View details of Morpheus IVF's funding rounds and investors

The founders of Morpheus IVF are Waseem Khan and Varsha Jhunjhunwala Kush.

Here are the details of Morpheus IVF's key team members:

Waseem Khan: Co-Founder of Morpheus IVF.
Varsha Jhunjhunwala Kush: Co-Founder of Morpheus IVF.

Morpheus IVF's Board of Directors

Morpheus IVF's board has 7 active members. Raj Parekh, Udit Mittal, Ashish Modi, Michael Karl Heinz Maria Karl Heinz Maria Dumschat, Frank Hermann Hermann Riemer, Milind Makarand Vaidya and Arvind Chandrakumar are independent board members.

Here is the list of Morpheus IVF's board of directors:

Name	Type	Representing	Status	Duration
Raj Parekh	Independent board member	-	Current	17y 1m
mtfjcob	Independent board member	-	Current	3y 7m
uofsyxa	Independent board member	-	Current	3y 1m
fgcbgqb	Independent board member	-	Current	3y 1m
yekmqbj	Independent board member	-	Current	7y 8m
oodgqve	Independent board member	-	Current	4y 5m
xvfdr{x	Independent board member	-	Current	4y 5m

View details of Morpheus IVF's Founder profiles and Board Members

Morpheus IVF's employee count trend

Morpheus IVF has 24 employees as of Jul 26. Here is Morpheus IVF's employee count trend over the years:

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Top competitors of Morpheus IVF include Indira IVF Hospital, Oasis IVF and Nova IVF Fertility. Here is the list of Top 10 competitors of Morpheus IVF, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indira IVF Hospital 1988, Udaipur (India), Acquired	Chain of fertility clinics	-	TA Associates, Jashvik Capital & 4 others	63/100
2nd	Oasis IVF 2009, Hyderabad (India), Series A	A chain of IVF centers	$57.6M	InvAscent, Kedaara	59/100
3rd	Nova IVF Fertility 2011, Bengaluru (India), Seed	Chains providing fertility treatments including in vitro fertilization and surgery	$1.27M	IVI, MegaDelta Capital & 8 others	56/100
4th	Gaudium IVF 2008, Delhi (India), Public	Chain of fertility clinics	-	-	56/100
5th	Proactive For Her 2020, Bengaluru (India), Acquired	Platform offering personalized, and confidential healthcare solutions for women	$7.08M	Nexus Venture Partners, Stride Ventures & 17 others	54/100
6th	Birla Fertility & IVF 2020, Gurugram (India), Unfunded	Provider of fertility treatments and diagnostic services. It offers a full spectrum of fertility treatments, including IVF, IUI, and other assisted reproductive technologies. Diagnostic services encompass a wide array of tests to assess fertility issues in both men and women. The provider also offers support services such as counseling and donor services. Its services aim to assist individuals and couples in achieving parenthood.	-	-	53/100
7th	Crysta IVF 2018, Delhi (India), Acquired	Chains providing infertility treatments	$1.41M	Family Office of Ruchirans and Anuraag Jaipuria, ALFA Ventures ... & 6 others	53/100
8th	Nova IVI Fertility 2011, Bengaluru (India), Acquired	Chain of fertility clinics	$5.46M	Nova Medical Centers, IVI & 5 others	51/100
9th	Iswarya Fertility Center 1987, Chennai (India), Series C	Chains providing fertility treatments including in vitro fertilization and insemination	$37M	Orbimed	48/100
10th	Cloudnine Fertility 2007, Bengaluru (India), Series C	Chain of obstetrics & gynaecology hospitals	$164M	Indium Mauritius Holdings, Sequoia Capital ... & 17 others	46/100
17th	Morpheus IVF 2008, Mumbai (India), Seed	Chain of fertility clinics	$7.3M	Shivani Scientific, IVF International & 10 others	39/100

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Parent Entities (largest shareholder) own 57.80%, Enterprises own 20.01%, Angels own 0.90% and Other People own 21.29%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Parent Entity	57.80%	24.6Cr	2407750	7686852	9056265	4871511
Enterprise	20.01%	8.52Cr	5152833	5227971	1174083	7401992
Angel	0.90%	38.3L	0	0	0	0
Sanjay Bapusaheb Patil	0	0	0	0	0	0
Other People	21.29%	9.06Cr	1905623	6264151	7128982	9112457
Total	100.00%	42.6Cr	1012028	6914917	9390819	9535842