Y Combinator has earlier backed other Indian startups but they have been focused on developing products for the US or global markets.

The Morpheus is facing competition from newer entrants who have emerged as front runners in the Indian accelerator space.

To be picked by Y Combinator means an almost certain path to success. Set up in 2005, it has backed over 460 start-ups, including Scribd.

All hardware associated with traditional telephony can be done away with using softphones, hosted interactive voice response systems and ot...