Y Combinator Winter 2023 Cohort: 12 Indian Start-ups Taking the Stage

US-Based Y Combinator Winter 2023 Cohort Includes 12 Indian Startups

Y Combinator, a US-based early-stage startup accelerator, has revealed its Winter 2023 cohort, featuring 12 Indian startups among the 282 selected globally. With over 20,000 applications received, this batch includes companies operating in open source, dev tools, AI, and various other sectors such as B2B/enterprise SaaS, fintech, healthcare, consumer, proptech, climate, energy, sustainability, and aerospace.

Y Combinator offers startups in its cohort a $500,000 investment, with $125,000 provided for 7% equity and an additional $375,000 with an uncapped MFN (Most Favored Nation) clause. Founded in 2005, Y Combinator is a renowned startup accelerator with a network of over 9,000 founders and a track record of funding more than 3,500 startups with a combined valuation of approximately $1 trillion.

Here are the 12 Indian startups that made it into the Winter 2023 cohort:

1. Atri Labs: A US-based startup founded in 2022 by Darshita Chaturvedi and Shyam Swaroop, Atri Labs offers a full-stack web development framework for building progressive web apps. It aids Python developers in creating production web applications.

2. Codeparrot: Codeparrot, founded by Royal Jain, automates API testing for developers, increasing release cycles and test coverage. It captures production traffic and database state to generate test cases that update with each release.

3. SuperAPI: SuperAPI, launched by Adithya Kavuluru and Aditya Agrawal in Chennai, is a programmable API gateway that makes fetching APIs cacheable. It monitors incoming POST, PUT, PATCH API calls and database updates to keep API cache fresh.

4. Mantys: Based in Bengaluru, Mantys, founded by Mudit Dangi and Kriti Arora, assists SaaS companies in calculating and forecasting their ARR (Annual Recurring Revenue) accurately in real-time without relying on multiple spreadsheets.

5. Clueso: Clueso, founded in 2023 by Akash Anand, Neel Balar, and Prajwal Prakash in San Francisco and Bengaluru, combines RPA (Robotic Process Automation) with generative AI to create product tours, video tutorials, and updates for articles, aiding user guidance and activation rates.

6. Qoohoo: Established in Bengaluru in 2020 by Vimal Singh Rathore and Aseem Gupta, Qoohoo helps creators engage with, manage, and monetize their communities through actionable insights. Creators can monetize content via various means, including live sessions, online events, workshops, courses, and subscriptions.

7. UpTrain AI: Founded in San Francisco, UpTrain AI by Sourabh Agrawal, Vipul Gupta, and Shikha Mohanty offers an open-source ML observability and refinement tool that improves AI models by observing them in production and identifying model failure cases.

8. ShortLoop: ShortLoop, based in San Francisco and Bengaluru and founded in 2022 by Sumit Mulchandani, Deepak Thakur, and Vishnu Vinjam, automatically creates a centralized API hub using API traffic, offering up-to-date collections and identifying dependencies without manual effort.

9. Floworks: Floworks, founded in 2021 by Sudipta Biswas and Sarthak Shrivastava, integrates existing CRMs with Slack, enabling sales teams to manage CRM updates, schedule follow-ups, send emails, and receive reports from within Slack.

10. Magik: Magik, established in San Francisco and Bengaluru in 2021 by Himanshu Bamoria, Mohit Kumar Jandwani, and Shiv Sakhuja, simplifies cross-border payments using crypto for Web3 applications, offering an API to fintech companies.

11. Doctor Droid: Founded by Siddarth Jain and Dipesh Mittal, Doctor Droid helps engineers understand how their code impacts product metrics. It offers real-time visibility of product performance and alerts for missing states.

12. Shyp: Kolkata-based Shyp, founded in 2022 by Shivam Bharuka and Sanchit Narang, connects shippers and carriers in real-time, ensuring efficient and quick freight movement. The platform offers real-time tracking and document management.

Y Combinator's intensive three-month accelerator program provides selected startups with financial assistance, support, and mentorship to accelerate their growth.

This cohort highlights the global appeal of Y Combinator and the diverse range of startups it attracts, including promising Indian ventures poised for growth.