Y Combinator

Former Oura CEO Harpreet Singh Rai joins Loop Health to lead healthcare business

The move marks a return to full-time startup operations for Rai, who left Oura in 2021. Rai will oversee product, telehealth, diagnostics, and clinical services as Loop deepens its healthcare focus

The cost of Y Combinator backing? Meesho, Razorpay, Groww to cumulatively pay $600 million in taxes

Meesho, Groww and Razorpay are among a wave of Indian startups unwinding US-based corporate structures to meet regulatory norms and list locally here in India.

Cross-border payments startup Aspora raises $93 million from Sequoia, Greylock at $500 million valuation

Flush with funds, the startup - formerly known as Vance - plans to enter the US market in July and expand to Canada, Australia and Singapore by year-end

Still a lot of fear and lack of ambition among founders in India, says Zepto CEO Aadit Palicha

The 22-year-old CEO, while speaking to Y Combinator CEO Garry Tan, urged entrepreneurs to push for category-defining outcomes, and aim to build the dynamism seen in markets like the US and China

Y Combinator-backed SigNoz raises $5.4 million from SignalFire, GitHub co-founder among others

The fresh capital will be utilised to enhance the core product and scale up its cloud and enterprise offering

YCombinator to scale down late-stage investments, lays off 17 people

YC invests at later stages through its YCombinator Continuity Fund and typically invests in Series B and onwards in companies founded by YC founders, its managing director Anu Hariharan had said in a media interview in February last year

YCombinator-backed Indian start-ups are collateral damage in Silicon Valley Bank collapse

Startups funded by American incubator YC, which makes Indian companies flip their corporate entities to the US, are scrambling for working capital as California regulators shut down Silicon Valley Bank.

Proptech startup Landeed raises $8.3 million

The latest funding round witnessed the participation of investors led by Draper Associates, Y Combinator, and Bayhouse Capital, it said in a statement.

YC-backed edtech startup Skill-Lync acquires Binny Bansal-backed Crio

In a statement, Skill-Lync also said the founders of Crio will continue to focus on and run Crio’s business and growth, after the acquisition. The company, however, did not disclose the deal size.

Paul Graham on visa delays: 'Inefficiency of this magnitude makes America look incompetent'

Calling the US visa processing system incompetent, the co-founder of Y Combinator said, "This is banana republic level performance."

Construction-tech startup 91Squarefeet raises $10 million from Stellaris, Y Combinator, others

The company, in a statement, said the fresh fund will be used to strengthen 91Squarefeet’s on-ground service muscle, and product development and deepen its engagement with its supplier network.

Accel-backed Orange Health announces first ESOP, equity buyback worth $1 mn

Half of the $1 million buyback will constitute ESOPs while the other half would be equity held by its investors.

Matrix-backed AntWalk raises $7.5 million in funding led by GSV Ventures

The new fund will be used to strengthen Learning Experience Platform and expand the sales and marketing team to widen the customer base.

Volopay to offer corporate credit cards with SBM Bank India as it expands India offerings

The company expects to onboard 7,000 businesses on its platform in the Indian market over the next 12-18 months.

Y Combinator, Sequoia Capital, others invest $2 million seed fund in workplace productivity app Aerotime

The product is live across 70 teams from different companies and is now coming out of private beta, said Aerotime.

Start-up Street: Default Alive -- the art of navigating through uncertain times

After the high of the past few years, the funding tap has suddenly dried up. For several later-stage start-ups seeking to raise larger rounds in the coming few months, the outlook is unfavourable

8vdX raises $3 mn in seed round from Y Combinator, others

Over the next 18 months, the startup aims to complete the build-out of the technology platform, provide acceleration capital to 250 startups, and have an AUM of $75 million, informed co-founder

Sequoia’s message to founders: Focus on profitability, growth at all costs no longer rewarded

Sequoia Capital said that Morgan Stanley’s unprofitable Tech Index is down 64 percent since the start of 2022, compared to a 28 percent drop in the technology-heavy Nasdaq index, further signalling a strong preference for companies who can generate cash.

Things not looking good, startups should take money even on previous round’s terms: Y Combinator tells founders

The startup accelerator says a company that has raised Series A funding at pre-product-market fit, should not expect another round to happen until it has hit product-market fit, in the current economic downturn.

Y-Combinator-backed BharatX raises $4.5 million in seed round

The Y-Combinator-backed startup plans to use the funds to build and expand its team, work on products and expand footprint

Cashfree Payments invests $15 million in UAE-based payment gateway Telr

Cashfree aims to become the top payment service provider in the Middle East and North Africa region in the coming years. With Telr, Cashfree will develop a unified cross-border payments platform to help Indian merchants accept payments from customers in the MENA region and vice-versa.