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Y Combinator's Ralston Bullish on India Startups

Y Combinator's Ralston Bullish on India Startups

Every year, the Mountain View, CA-based seed stage accelerator Y Combinator accelerates two startup batches and invests $150,000 each in them. In this year’s summer 2019 batch of startups the company inducted 12 Indian startups out of the 140 that they interviewed.

Company president Geoff Ralston said that India is undergoing an S-curve in the development of the market. “This means there will be brand new opportunities here which we didn’t think of before. This is perfect for startups,” he added.

A startup business doodle

Ralston agreed that the quality of startups has improved in India. “It just takes a while sometimes for the culture and the ecosystem around entrepreneurship to grow. And I think that’s happening in India. I think there’s more opportunity in the Indian market itself.”

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