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Is Y Combinator Losing Its Grip On Indian Startups?

The famed early stage accelerator has seemingly dulled its focus on India, with just six Indian startups getting the YC tag in the Summer 2023 batch

Y Combinator’s India focus peaked in 2021 but since then the number of Indian startups has shrunk in each cohort coinciding with the change in YC’s standard deal

The drop in Indian representation in the latest Y Combinator batch also comes amid growing calls for startups to register themselves in India and ‘reverse flip

For the past several years, Y Combinator (YC) has been a means to success for iconic startups in India — unicorns such as Razorpay, Clear, Meesho, Groww and Zepto, to name a few. But in the last couple of years, the famed early stage accelerator has seemingly dulled its focus on India, with just a few Indian startups getting the YC tag in the latest cohort.

The data for the Y Combinator Summer 2023 batch shows that this is the lowest participation by Indian startups since 2020.

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