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Can India be next Y Combinator destination?

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Re: Can India be next Y Combinator destination?

#5
Probably not, but YCombinator could be an Indian's next destination. I don't think India has the startup culture nor tech culture etc that is enjoyed by America. (neither does Europe, apparently)

sabhishek - You should apply to a YC funding cycle. Deal with the visa issues later! (but not too late)

Re: Can India be next Y Combinator destination?

#7
post #5

Probably not, but YCombinator could be an Indian's next destination. I don't think India has the startup culture nor tech culture etc that is enjoyed by America. (neither does Europe, apparently) sabhishek - You should apply to a YC funding cycle. Deal with the visa issues later! (but not too late)

i asked the same question to google's chris sacca -- i was wondering what could be done to have a Y combinator sort of a thing in India. he shared a similar opinion to what ur saying, in india the entrepreneurial culture is a little missing + in addition he thought indians were very good at backend stuff and not necessary in aesthetics. it might be debatable you don't need the whole of indian IT engineers god in aesthetics to support y combinator - i was in silicon valley , and currently in UK. but u do see a difference in culture but yet i can tell u there are lot of people who do cool stuff here, in america people the impression i get the english is the only language people worry about here u are dealing with french, germans, italians, spanish and they are very different, no wonder u find clones of US starts ups in europe adapted for european markets.

Re: Can India be next Y Combinator destination?

#8
Do you mean YCombinator should come to India? Or have such a phenomenon work in India?

Personally, I think angel funding is not very relevant in India because the startup costs are extremely low. Also, VCs are not as prevalent as in the US (that seems to be changing with proto.in etc) so the VC contacts that YCombinator provides might not apply either. But the advice and ideas of someone like Paul Graham would do wonders, but I can't think of a resident Indian in that place.

Re: Can India be next Y Combinator destination?

#9
IMO, YCombinator should fund startups in India. Contrary to popular belief there is significant entrepreneurial and IT activity happening here. I would not take anyone seriously who generalizes a whole nation, especially one as diverse as India, in one fell swoop. I am not saying the startup levels are anywhere on the scale of Silicon Valley, I am saying that there is sufficient talent of all types available in India. Unfortunately, these questions come up for the wrong reasons such as Visa problems. If YCombinator helped with Visas, then I don't think this question or other similar ones would pop up.

In terms of finances, the dollar goes a long mile in India and that is a plus. Perhaps a YC startup will probably run out of India in the future, especially because web startups are allowed 100% foreign ownership and foreign direct investment in India.

I thought it might be interesting to start a google group for all Indians who read Ycombinator and similar stuff and maybe want do a startup - http://groups.google.com/group/TechStartups-India Join in, lets find out how many Indians are around and lets chat/meet up :)

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