Capital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting new cheques. Domestic firms and family offices such as those run by Zerodha cofounder Nikhil Kamath, Manipal Group chairman Ranjan Pai, and Premji Invest have backed startups including Subko, Quorum Club, Kites Seniorcare and The Sleep Company.
The latest Y Combinator (YC) Winter 2024 Demo Days showed a noticeable drop in fintech startups. This trend leads to questions about the future of these
This week, we’re looking at just how many fintech companies made it into Y Combinator’s Winter 2024 cohort, how much funding slid in the first quarter, and more! Y Combinator held demo days for its Winter Cohort this week. Of the 260 companies in the latest cohort, nearly 30 of them, or 8%, were classified as fintech.