Y Combinator removes Indian startup from batch over 'irregularities'

[lucyflora]

Does anybody know what happened ?

https://news.yahoo.com/y-combinator...7qQn-UhluBbHr05Yzntn_U3yNy7R0xqsLHkjdpOnxKhwc

 

[lucyflora]

I would congratulate YC for selecting them with their TAM and GMV filter logic than real innovation !

 

[pmsh]

@lucyflora Wow! This is so surprising! I remember someone mentioning that they are the Zepto/InstaCart of the Indian health industry

 

[rethink88]

@lucyflora I wonder if YC can get their 500k back?

 

[standingrightministry]

@rethink88 They haven't received it yet and I guess never will

 

[meme3]

@standingrightministry Impossible, they were from S23 batch, normally you receive the 500k at the start of the program, else how would you survive

 

[613jono]

@meme3 You receive on demo day

 

[masterpiece]

@lucyflora Looks like they lied about their background and their numbers.

A quick look at the Founder's profile, he lists his education as having an undergraduate degree from Stanford and from an Indian IT. Stanford will not allow you to get a bachelor's from them if you already have one from somewhere else. And if you already have a Stanford degree why would you want an IIT degree? Unless he's a transfer, in which case, I wonder what they meant about falsified ed credentials.

 

[hedowns]

@lucyflora Freakin sad man… we’ve applied a good part of 3x so far, steady growth but nothing impressive, from the bay, good backgrounds and have plenty people to vouch for us. No way am I saying poor me right now but this actually kinda hurts. And- there are PLENTY others just like us who really deserve that spot just based off our moral ethics alone.

 

[loujohn]

@lucyflora This is sad. Also they probably will never be able to raise money again in case they start another startup.

 

[613jono]

@loujohn Nah I think the founders are blacklisted, they are going to have to bootstrap all future endeavors.

 

[loujohn]

@613jono They deserve it