''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/gdeqVHS

Comments

Post a Comment