Thanks for the link Prakash. As I said before the VCs listed in the above link take the traditional route to investing. In a different context I did get in touch with Band of Angels. But the questions they asked were in the lines of "how much sales do you have?" "What's the current revenue?" etc. Those questions suggest what type of companies/teams they would be willing to back. I am more of a programmer than a person who can answer those questions. I am looking for someone like PG who can look at the demo I have built and see if it makes sense and then back the idea. I am expecting the VC to help me with things like revenue and sales.

If there is nothing like YC, then I guess I'll have to take the hard route of finding a suitable VC or angel.