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2014-09-11

Silicon Valley\'s Y Combinator to soon debut in India

Y Combinator, founded in 2005 by Paul Graham and Jessica Livingston, has invested in over 700 companies till date.

Y Combinator, Silicon Valley's top accelerator, is planning to bring its much sought-after Start-up School, where prospective entrepreneurs can get practical advice from successful founders and investors to India, as reported by Economic Times.



This year, for the first time, Startup School ventured outside the United States with events in London. It is expected to debut in China next year.


"We would love to have more of a presence so that Indian founders know that YC is absolutely an option for them," Kathrina Manalac, a partner at Y Combinator told ET. The timeline of the event is yet to be decided.


YC, founded in 2005 by Paul Graham and Jessica Livingston, has invested in over 700 companies till date. It incubates companies for three months, pumping in a seed fund of $120,000 (Rs 73 lakh) for a 7 per cent equity stake. About 500 of the companies are active, and the remaining 200 hundred have been either acquired or shut down.

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