Y Combinator Ends Ties with Indian Startup Medobed Over ‘Irregularities’

  • Venture firm Y Combinator has terminated its relationship with Indian startup Medobed due to undisclosed ‘irregularities’.
  • Medobed, which offered fast medicine delivery, won’t participate in the Y Combinator demo day and hasn’t raised money in this process.
  • Details of the irregularities remain vague but one investor indicated suspicions over inconsistent claims by a Medobed founder.
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