If you are comparing YC to this then YC partners also give an option for 80k promissory note with no cap (IIRC) in the center of the biggest startup hub in the

If you are comparing YC to this then YC partners also give an option for 80k promissory note with no cap (IIRC) in the center of the biggest startup hub in the world. And $1k is relay not that much in a big city like Bangalore. Definitely not even enough for a company of (say) 3 for at least 3 months with just living and bare lean operation costs (broadband, rent, electricity, hosting).