''Time To Move Back To US'': Bengaluru CEO On Efforts To Register His Firm

Founder and CEO of a Bengaluru-based company, Brij Singh, on Thursday, took to X to share his experience of trying to register his company in the city. He revealed that despite two months of effort, his company registration process remained incomplete. Frustrated by the ordeal, Mr. Singh said that he is planning to move back to the US. 

In his tweet, he also compared the learning experience in the Bay Area (San Francisco) to his struggles with company registration in India and cited specific reasons for his decision.

''Love Bangalore / India, but I have learned more in the last 3 days in Bay Area than I could in a month back home. Spent 2 months just trying to register a co in India & it's still not done. The problem-solution feedback loop from potential customers, Investors & even fellow founders is at a different level. The time may be coming for me to move back to the US. And I say this with a heavy heart,'' he wrote in the tweet.

See the tweet here:

As per his Linkedin profile, Brij Singh has been working in the technology and finance sector in India and the US for 18 years.

In a reply to another Twitter user, he added that he was not giving up on Bengaluru entirely was just ''stating facts.'' He acknowledged the advantages of building a company in India for a global market.

''Umm not giving up on anything. Just stating the facts. There are lot of advantages in building from India for the world as well. One must learn to leverage whatever opportunities they can to execute and compete in a global market. That is the reality,'' he wrote.

While some supported his decision, others encouraged him to try a little more and change his strategy. Some shared similar struggles.

One user said, ''Why would it take 2 months? I formed my LLP in a week. You have an issue of bad CA. Quite frankly you can register a company yourself and don't even need a CA. Takes a couple of days max.''

Another said, ''It's interesting how different environments can accelerate our learning experiences, isn't it? Your trials in Bangalore seem to have shaped you for the hustle in Bay Area, mirroring the universal human adaptability.''

A third added, ''You could perhaps ask a consultant or a CA to help you. We registered a company and all done in under two weeks. Personal views of course based on our own experiences. US / UK / EU are no match to India of today, on every aspect as per my own experience.''



from NDTV News- Topstories https://ift.tt/18qTGFs
https://ift.tt/OMskEXD

Comments

Post a Comment

Popular posts from this blog

UK Man Who Couldn't Read Or Write Until Age 18 Becomes Cambridge Professor

Jason Arday was diagnosed with autism spectrum disorder and global development delay in his early years. He was unable to speak until he was 11 years old and could not read or write until he was 18. Now at the age of 37, he is about to become the youngest black person ever appointed to a professorship at the University of Cambridge, BBC reported. Eight years ago, Mr Arday was told that he would likely need to stay in an assisted living facility. The man refused to make that a reality. He used to write his lifelong goals on his mother's bedroom wall. He wrote that he wants to "work at Oxford or Cambridge." Mr Arday was born and raised in Clapham, southwest London. "As optimistic as I am, there's just no way I could have thought that would have happened. If I was a betting person, the odds on it were so long. It's just mad," he told The Times of UK . He admitted that he had "no idea" what he was doing when he first began writing academic paper
Read more