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Famed US accelerator Y Combinator has now graduated over 40 startups from Southeast Asia
YC’s network is unparalleled, helping startups crack the tricky world of investors and learn from each other
Its validation helped Ajaib raise US$90 million in March and Shipper land US$63 million in April
But local options, like Sequoia Surge, are more relevant and offer better terms. YC’s appeal is waning for some
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When Hendra Kwik was looking for funding for his nascent fintech startup, the Indonesian entrepreneur struggled to get past the first meeting with venture capitalists. As he watched other overseas-educated founders raise capital, Kwik felt his lack of an Ivy League diploma made him uninvestable.

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