It is extremely difficult to get funding for a product in India. VC's there seem to prefer verticals, if you are working on a vertical product you have a better chance. If all the YC funded were to try and get funding from Indian VC's I am pretty certain not many would have gotten it. This especially true after 2000. It is also got to do with past history, most of the successful companies in India have so far been in those who have developed products in a certain niche. All this might change once we see few successful products that more generic.
Why do they always say its because of VC/funding. Just tell me how many good startup do you know (from india) those are stop due to loss of funding. Actually the main reason is that there are no genuine effort in production development from india.
