Bringing Y Combinator's Incubator Model to India

What works in the U.S. can work here, too–it’s a tenet held by many entrepreneurs and venture capitalists in India and other emerging regions of innovation. While not everything should be duplicated, one small Indian firm believes it can apply the model employed by Y Combinator, a Mountain View, Calif.-based business accelerator and seed fund.

Founded in 2007, Morpheus holds four-month business accelerator programs where it works with 20 very early-stage companies, taking a four to eight percent equity stake in exchange for advice, mentoring and business connections.

Now the firm, made up of three partners with entrepreneurial experience, will also invest capital in these start-up companies, the same way that Y Combinator does. The firm has raised a small fund of about $250,000 from unnamed high-net-worth individuals for the next two incubator sessions and will seek to add on further funding.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »