Why Indian Startups are leaving Y Combinator?

While Y Combinator remains a highly respected and sought-after accelerator globally, its relevance for Indian entrepreneurs has evolved. The rise of local accelerators, improved funding conditions within India, and a more confident and mature startup ecosystem have all contributed to the decline in YC applications from Indian founders. For many Indian startups, the benefits of YC are increasingly outweighed by the advantages offered by staying closer to home, engaging with local investors, and leveraging India-specific expertise.

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YC has a very strict procedure where Indian startups need to have a parent company in any one of USA, Singapore, Canada and Cayman Islands.

Accelerators like Spark offer better seeds with more flexibility

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Steve Harvey Indian version
Mr Potato head from Toy Story