From 66 to 4: Why Y Combinator is backing fewer Indian startups in 2024

Y Combinator's selection of Indian startups has decreased significantly. This decline is attributed to factors like YC's US incorporation requirement and the rise of domestic IPOs. Indian startups are shifting focus to local funding options. They find domestic markets favorable for listing. YC is also prioritizing AI-focused startups. This shift impacts Indian participation. Domestic capital is growing with regulatory support.