As an Indian and Entrepreneur, I have more concern then just a registering company. I had noticed that Ycom is biased toward cliche tags in India. Example Ycom team is offering easy funding to IITian or IIMian or Ex Google or Who have already funded startup. After researching I can confirm with example. Many startup such as Cleartax or Meesho were pre-funded before selection. Now all major startup founders are typical IITian or IIMian or Elite Uni background, even their live talks were with this uni's student. Last there are barely any solo founder startups. Worst I had seen typical IITian who got selected in Ycom and got funding, few years later still failed to create a website or products to show.
I had completed my education with average college, coming from labor handicraft family, worked for decade in small and medium company, rise from bottom, started startup after many failures, got website, got best products, created a good sales, made revenue and made profit. Yes it is not a big but enough to feed me. I am solo founder with no backing or finance or support. Last got rejected by Ycom almost 10 times.
Please answer to my queries, I and others like me want to know.