Me and my current co-founder did face this issues or atleast were discussing about this issues. It is a big problem. Also, problem is india is just simply incorporating a company.
It becomes even more difficult when both the founders do not live in India. Relevant problem, huge market. Good luck! We will probably be a customer if you guys execute well. One of the things that I love about brex and if you could replicate would set you apart is customer experience. If you build some very customer centric that would completely change the game.
In terms of our approach to customers, we are customer centric, and we try our best to get fast refunds and resolve transaction issues ASAP. We have used our test cards to do transactions on customer's behalf.
When you need a card for an Indian company, do let us know at support@karboncard.com. We will get you the card on the same day, and you would love the experience.
why do you want to incorporate in india?does your product has some regulatory requirement?(fintech/govt. sector) otherwise you can sell your products/services in india from whereever it is easier for you to incorporate or i am missing something?
It becomes even more difficult when both the founders do not live in India. Relevant problem, huge market. Good luck! We will probably be a customer if you guys execute well. One of the things that I love about brex and if you could replicate would set you apart is customer experience. If you build some very customer centric that would completely change the game.