In March 2017, Y Combinator announced its W’17 batch with five Indian companies – Playment, Bulk MRO, Servx, WiFi Dubba,and Supr daily.
Three more Indian startups have been included in the list. This includes Dost Education, Credy and DocTalk.
The accelerator invests $120K in startups for a 7% equity stake in the selected startups. It normally takes in a large number of startups (107 last year) and has funded over 1,464 startups since 2005. The selected startups then move to Silicon Valley for three months, where it also helps them pitch to investors.
Here is a brief overview of the selected three:
Dost is an evidence-based approach that empowers parents to provide effective early learning experiences for their children. There are over 750 Mn illiterate adults in the world who cannot take part in their child’s education while 250 Mn children cannot read/write even when promoted to fifth grade. Dost helps these parents in preparing their wards for kindergarten. One can dial a number and sign up to receive child development tips. They can learn activities and can spend increased quality time with their children, thereby preparing them early on for academic education.
It costs parents $0.91 a month, and currently needs startup capital to build out its lesson plan and infrastructure.