Given YC's precedence of funding only US based startups, how do you feel about funding a startup targeted at the Indian market? The founders will be in the Bay Area through the end of March to work with the YC team and relocate to India shortly thereafter.
I see. But maybe it is better for you to find a local investor then? YC team and YC crowd may just don't know India market well to help you with advices, etc. Or it's a big problem to find money in India?
Just curious, if you live in the U.S., do you still feel in touch with the Indian market? I'm Indian but I've lived in the Valley for about 18 years... I took a trip there last year, and I was blown away by how much has changed.
Just apply, and make your case in your application. You can talk to them about it more if you get the interview. I bet it ultimately just depends on your specific product and how well you can support your argument.