SUMMARY
Y Combinator has invested in about 99 Indian startups so far
The programme hosted 14 Indian startups in its recently hosted Summer batch
Y Combinator’s Indian portfolio includes Khatabook, unicorn Razorpay and Meesho
[Note: This is the list of confirmed Indian startups part of Y Combinator Winter Batch of 2021. A previous version of the article included names of startups in the batch, based on Inc42 sources]
US-based early-stage startup accelerator programme Y Combinator has finalised 16 Indian startups that will be participating in its winter batch of 2021, which is scheduled to be conducted between January and March.
About five of these startups are working in the fintech segment, while another four offer software as a service (SaaS). According to Inc42 sources, about four of these 16 startups are funded. This is just an initial list and more startups are likely to be included as the winter batch approaches.
Y Combinator is a three-month-long intensive accelerator programme held twice a year for early-stage ventures around the globe. It also hosts a demo day, along with several investors from across the world, to invest in these ventures. Besides the financial aid and fine-tuning the startup’s pitch deck, it also supports and mentors them to deal with investors and acquirers.
The firm has invested in nearly 99 Indian startups, which have gone on to raise nearly $713 Mn from investors. Of the total 99 startups, 80 have been launched publicly. Some of Y Combinator portfolio companies from India that are making headlines every now and then for their heavy backing are social commerce platform Meesho, financial services company Cleartax, and bookkeeping platform Khatabook.
Other companies in its portfolio are payments card company FamPay, automated unified data platform Hevo Data, stock broking platform Groww and coworking platform Innov8. The company had recently announced its Summer Batch of 2020, which had 14 Indian startups like Zuddle, Medpiper, SockSoho, Decentro, Mesh and others.
The 38 startups in Y Combinator’s Winter Batch 2021 are:
AcadPal
Founded In: 2020
Head Office: Mumbai
Sector: Edtech
AcadPal is an edtech platform that allows teachers to create or share assignments digitally.
Betterhalf
Founded In: 2016
Head Office: Bengaluru
Sector: Consumer Services
Betterhalf is a matrimony app for Indians. The application is powered by artificial intelligence (AI) for its matchmaking process.
BeWell Digital
Founded In: 2021
Head Office: Bengaluru
Sector: Healthtech
BeWell Digital is a healthtech startup that is building operating systems for hospitals, labs, clinics and pharmacies by starting with insurance regulatory compliance.
Bimaplan
Founded In: 2021
Head Office: Haryana
Sector: Fintech
Bimaplan is an Indian fintech startup that focuses on offering insurance services. The app was launched last month and has sold 700 policies so far.
BimaPe
Founded In: 2020
Head Office: Mumbai
Sector: Fintech
BimaPe is an insurtech platform that helps its users understand their insurance policies and make more informed decisions.
Bueno Finance
Founded In: 2019
Head Office: Gurugram, Haryana
Sector: Fintech
Bueno Finance is a fintech startup that helps blue-collar workers build their creditworthiness to improve their long-term financial health. It has raised seed investment from angel investor Sanjay Mehta’s investment firm 100X.VC.
BusinessOnBot
Founded: 2020
Head Office: Bengaluru
Sector: Enterprise Tech
BusinessOnBot is building a Shopify-like platform for local businesses to sell on WhatsApp. The platform helps the small and medium enterprises (SME) to acquire users and automate sales.
Cashbook
Founded In: 2018
Head Office: Jharkhand
Sector: Fintech
Cashbook, which is registered as Ekeekaran Ventures Private Limited, is a cash management app that offers bookkeeping services to small businesses. It has raised seed investment from 100X.VC.
Chatwoot
Founded In: 2017
Head Office: Bengaluru
Sector: Enterprise Tech
Chatwoot is an open-source customer engagement suite, an alternative to Intercom and Zendesk. The company has a user base of 1,000 companies and has been clocking an annual revenue run rate (ARR) of $32K from six customers.
Codingal
Founded In: 2020
Head Office: Bengaluru
Sector: Edtech
Codingal is an edtech platform that offers after-school programmes for Indian K-12 students to learn computer science.
Dyte
Founded In: 2020
Head Office: India (Remote)
Sector: Enterprise Tech
Dyte offers a software development kit (SDK) that enables companies to integrate its branded, configurable and programmable video calling service within 10 minutes.
FanPlay
Founded In: August 2020
Head Office: Noida
Sector: Media and Entertainment
FanPlay is a platform for organisers to host live video-based real money contests and games. These games can include quizzes and trivia. It had raised seed funding from Shalin Shah of LetsVenture platform via the 100x Entrepreneur Syndicate, and other marquee angel investors.
FifthTry
Founded In: 2020
Head Office: N/A
Sector: Enterprise Tech
FifthTry is a documentation tool that integrates with Github Pull Request to ensure that no code lives without updated documentation.
Fountain9
Founded In: 2019
Head Office: Mumbai
Sector: Enterprise Tech
Fountain9 offers predictive inventory planning and optimisation softwares for ecommerce, direct-to-customers (D2C) and retail companies.
Flux Auto
Founded In: 2016
Head Office: Bengaluru
Sector: Deeptech
Flux Auto is a deeptech startup which is developing self-driving technology for commercial vehicles like trucks. The company’s first product hit the road in 2018.
GimBooks
Founded In: 2017
Head Office: Raipur, Chhattisgarh
Sector: Fintech
Gimbooks is a cloud-based bookkeeping and accounting platform, which assists businesses in creating and managing documents like GST compliant invoices, waybills, quotations and more. It has also been a part of Indian government’s AatmaNirbhar Bharat App Innovation Challenge and Indian Institute of Management (IIM) Bangalore’s NSRCEL programme.
GroMo
Founded In: 2019
Head Office: Gurugram
Sector: Fintech
GroMo is a social commerce technology platform that enables resellers to sell financial products such as insurance, credit card and loans in their network. The company has more than 5K resellers on its platform.
Invoid
Founded In: 2018
Head Office: Delhi
Sector: Enterprise Tech
Invoid is an enterprise tech platform that offers end-to-end identity verification solutions for banks, financial institutions, online gaming, education, communities and rental platforms. The company claims to have 50+ customers, including Capri global, Pokect52, HCL and Equitas.
Jeevam Health
Founded In: 2020
Head Office: Delhi
Sector: Healthtech
Jeevam Health has built an online platform for patients with chronic health conditions to engage with doctors digitally.
Kodo
Founded In: 2019
Head Office: Mumbai
Sector: Fintech
Kodo offers corporate credit cards for Indian businesses. It helps companies to issue and track multiple cards across their team as well as pay their vendors using Kodo cards.
Krab
Founded In: 2020
Head Office: Hyderabad
Sector: Fintech
Krab is a fintech platform that provides business loans for trucking companies.
Leapclub
Founded In: 2019
Head Office: Bengaluru
Sector: Ecommerce
Leapclub is an online grocery delivery startup that sources fresh and organic groceries from local farms through its website or through WhatsApp. The company is garnering more than $14K in monthly revenue.
Pibit.Ai (AI Claim)
Founded In: 2020
Head Office: Bengaluru
Sector: Enterprise Tech
AI Claim is a SaaS company that provides solutions for automation data entry and visual inspection processes.
Pragmatic Leaders
Founded In: 2018
Head Office: California
Sector: Edtech
Pragmatic Leaders is building a platform that can provide cost-effective alternatives to an MBA. The company claims to have more than 1,100 students with a placement rate of 79%. It claims to be cash-flow positive, with a revenue of $112K.
Prescribe
Founded In: 2019
Head Office: Kerala
Sector: Healthtech
Prescribe is a digital healthcare solution for hospitals and clinics, allowing doctors to offer digital consultation, digital prescription and more.
Redcliffe Lifesciences
Founded In: 2004
Head Office: Noida
Sector: Healthtech
Redcliffe Lifesciences is a diagnostics and precision medicine company that focuses on reproductive health testing, rare diseases and cancer gene diagnostics. It claims to have topped the revenue of $600K this month.
Snazzy
Founded In: 2020
Head Office: N/A
Sector: Healthtech
Snazzy is a health, wellness and fitness startup that sells invisible braces to its customers.
Splitsub
Founded In: 2020
Head Office: Delhi
Sector: Fintech
Splitsub is a financial services startup that enables customers to split their digital subscriptions such as Netflix, Spotify and others.
Triomics
Founded In: 2020
Head Office: New Delhi
Sector: Enterprise Tech
Triomics is a software-as-a-service (SaaS) startup that offers end-to-end automation of clinical trials for vaccines, medicines and other products.
Tilt
Founded In: 2016
Head Office: Bengaluru
Sector: Transport Tech
Tilt is a bike-sharing platform that offices on Indian academic campuses. The startup has generated $20K in revenue to date and claims to be profitable for the past 18 months.
QuestBook
Founded In: 2018
Head Office: San Francisco
Sector: Edtech
Questbook, founded by Madhavan Malolan and Subhash Karri, is an app for professionals to teach in bite-sized courses using chat and a mobile-first experience.
Unschool
Founded In: 2019
Head Office: Hyderabad
Sector: Edtech
Unschool is a virtual mentorship platform that enables students, graduates and young professionals to seek advice and learn from subject matter experts.
YourQuote
Founded In: 2016
Head Office: Bengaluru
Sector: Media & Entertainment
YourQuote is a platform for sharing quotes, poems, and short stories pinned on a creative background. The platform had raised $1 Mn in Seed funding from IDG Ventures in 2017. It clocked revenue of $200K last year and claims to be profitable.
Veera Health
Founded In: 2020
Head Office: Mumbai
Sector: Healthtech
Veera is a women-focused healthtech platform that offers health-related services for Polycystic Ovary Syndrome (PCOS), a lifelong condition that affects 10-20% women in India.
Voosh
Founded In: 2020
Head Office: N/A
Sector: Enterprise Tech
Voosh is an enterprise tech platform for the food services industry. The platform helps restaurants and cloud kitchens manage their economics and get return on investment in their fixed assets.
Weekday
Founded In: 2019
Head Office: Bengaluru
Sector: Enterprise Tech
Weekday is a HRtech platform that tracks its networks of scouts to find the best talent for a company’s requirements. The company focuses on Engineers.
Zingbus
Founded In: 2019
Head Office: Gurugram
Sector: Travel Tech
Zingbus has built a platform for bus travel between Indian cities.
ZOKO
Founded In: 2018
Head Office: Bengaluru
Sector: Enterprise Tech
ZOKO is an enterprise tech platform that helps small and medium businesses (SMB) manage sales, marketing and customer support through WhatsApp.
Update: November 2, 2020 | 3:04 PM
The article was updated to include Kodo and Gimbooks to the list. The headline has been updated to reflect the same.
Update: March 25, 2021 | 18:45 PM
The article was updated to include the names of the 41 startups that have made it to the Y Combinator Winter Batch ’21
Update: June 22, 2022 | 10:45 AM
Leapclub’s profile updated to reflect the correct name.
