Believe me, itās not...Ā ā¢Ā 20d
Indian startups funded by YC have fallen sharply over the years. Several reasons appear to be behind the drop - - Registration requirement in US, Canada, Singapore, or the Cayman Islands. - Increased access to capital via accelerator programs in India (WTFund, Accel Atoms, Antler India Residency, Incubation centres at colleges) - Reverse flipping entails heavy taxation to the US Gov (Razorpay ~$200 M, Meesho ~$280 M) āļøYC may have also become more selective ā a growing preference for AI-first startups (in recent batches, as much as 30ā50% of the cohort has been focused on or building around AI).
Thatmoonemojiguy šĀ ā¢Ā 21d
š From 66 to 4: What's happening with Y Combinator and Indian Startups? š®š³ Y Combinator's backing of Indian startups significantly dropped in 2024, and it's a fascinating shift! Here's why: * "Reverse Flipping" Costs: YC's requirement for a U
See MoreBelieve me, itās not...Ā ā¢Ā 1y
Indian startups are Reverse Flipping. Many startups incorporate in countries like Singapore, Mauritius, the US (primarily for SaaS), or the Cayman Islands for several reasons: - Ease of doing business - Tax incentives - Better funding opportunities
See MoreBelieve me, itās not...Ā ā¢Ā 10m
Swiggy's upcoming IPO will be a multibagger win for early VC investors. šÆDetailed insights will be available once their DRHP is public, but if you look at the history - - Elevation Capital: Investment of $5.9 M turned into $61.8 M (~10x returns) -
See MoreBelieve me, itās not...Ā ā¢Ā 1y
Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ā”ļøTotal Funding: $45 M (Seed at $3 M, Series A at $18 M) ā«Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan
See MoreFiguring OutĀ ā¢Ā 5m
Surge, The Y Combinator of India! So Surge is a seed-stage accelerator program launched in 2019 by Peak XV Partners (formerly Sequoia Capital India & SEA). It provides early-stage startups in India and Southeast Asia with funding, mentorship, and
See MoreBelieve me, itās not...Ā ā¢Ā 3m
Q1 25 - Startups have secured just over $3.1 B in funding, across 232 deals. Several VC firms have recently closed or launched new funds in the last quarterā¤µļø - Bessemer VP ā Closed a $350 M India Fund II - Accel ā Raised $650 M for India Fund VIII
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Dexter Capital AdvisorsĀ ā¢Ā 2m
I genuinely feel sad when any Indian startup boasts about being funded by Y Combinator šš That is so because there is this unwritten rule that YC only invests in startups which are registered in the US, Singapore, Canada or Cayman Islands. So eve
See MoreBelieve me, itās not...Ā ā¢Ā 3m
I assumed H&Mās lower price point would translate into healthier profits. H&M may lead in total sales, but itās shelling out 4.5Ć what Zara pays in royalties ā ā¹865 Cr vs Zaraās ā¹190 Cr, eating into marginsā¤µļø (source - Entrackr) From what Iāve seen
See MoreBelieve me, itās not...Ā ā¢Ā 7m
Accel closed its 8th India fund with a $ 650 M corpus. Since entering India in 2008, Accel has been a key investor in some of the most influential startups. šA few early investments of Accel that have become behemoths today - - Myntra: Seed inv. i
See MoreBelieve me, itās not...Ā ā¢Ā 10m
I never thought sustainable jet fuel would be within reach so soon. Twelve, a carbon emissions company in the US, announced a $645 M Series C today. āļøInvestors include: Capricorn Inv. Group, Pulse Fund, TPG āļøTwelve seems to have built insane te
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