Investing in India from abroad is hard because of paperwork and complex compliance guidelines. iNRI makes India investing easy for Indian expats / NRIs with fast onboarding, curated portfolios, and taxation and repatriation support.
Hi all,
We're back again with an all new version of iNRI, the wealth and tax platform for Indian expats to invest in India.
India is set to be the fastest growing major economy and Indian expats have an unique opportunity to invest in this dynamic growing market. However, for an Indian expat looking to invest in India, it is still a daunting experience, with multiple operational hurdles, complex tax and repatriation regulations.
iNRI solves these challenges by providing a seamless investment platform with personalized wealth advisory and tax compliance services.
Since we launched first on Product Hunt, we've crossed over $150K invested capital from 3000+ users across 30+ countries including US, Canada, UK, Australia etc.
To summarize, we provide 3 key solutions that non-resident Indians need to invest in India:
Faster and digital onboarding: Existing processes require either physical paperwork or even in-person visits in India
Curated portfolios: If you have been living outside for a few years, you actually don't know where to invest. Our smart investing tool helps you generate a funds basket based on your investment horizon, capital allocation and risk appetite
Cross-border compliance: Navigating taxes across two countries is hard, hence we have a network of CAs, CPAs expert in cross-border taxes to help you with the same.
?makers have both seen these problems first hand through our own experience and that of our friends looking to invest in India.
We are both alumni of IIT Bombay and IIM Ahmedabad, and have a decade of experience working at McKinsey, BCG, Meta, Walmart and HSBC and backed by Y Combinator.
We also have a 2 years zero platform fees offer if you invest before 2023 ends!
Would love to have feedback from this community, thank you!
Definitely, a game-changer for NRIs investing in India. They already have a solid user base and a nice year-end offer too! Wishing all the best!
@nishad1, what a great initiative you have taken! This is such a valuable offering for 32M Indian expats - such a thoughtful, creative idea. Wishing you all the best for the launch and lots of success with this!
Hey, @nishad1 impressive platform! The digital onboarding is quite good, and the curated portfolios take the guesswork out of investing. The cross-border tax support is a huge plus.
Any thoughts on expanding the educational resources for investors looking to understand the Indian market better? Awesome service!
It simplifies the complex process with easy onboarding, this should be a very helpful feature
Congrats on your launch! Your app might prove to be a lifesaver for me. I had a forgettable experience of processing the paperwork for my investment, on my short trip to India earlier this year. I was also looking for a one-stop solution that includes portfolio management. So I find this app to be very helpful. As mentioned by others, looking forward to options for investment advice or possibly consultants.
A question for your team,
I am aware that certain processes in India require mandatory in-person visits. Could you briefly explain how iNRI manages to digitize these processes for NRIs?
@nishad1 Impressive growth since your initial Product Hunt launch! 👏 The focus on addressing the challenges for Indian expats looking to invest in India is crucial. How did your experiences at McKinsey, BCG, Meta, Walmart, and HSBC contribute to shaping iNRI, and what specific feedback or insights from users have influenced the new version you're presenting today?
Great initiative for NRIs! Streamlining investment in India is much needed. It would be even better if there's an option for real-time investment advice or market updates.
Strengths:
Clear value proposition: Highlights the core benefit - simplified investing in India for NRIs.
Target audience: Clearly addresses Indian expats with "32M Indian expats" and "NRIs."
Pain points: Directly addresses the struggles of paperwork and compliance hurdles.
Key features: Mentions fast onboarding, curated portfolios, and support for taxes and repatriation.
Hey there! Your product, iNRI, seems like a fantastic solution for Indian expats looking to invest in India. I'm really excited to see it launch soon. Do you have any advice for someone like me who's about to launch their own product? Also, I'd love to get your feedback once my product is live. Feel free to click on the "Notify" button to get notified when it's ready. Thanks in advance!
Great work on the iNRI platform! 🚀 It's impressive to see how you're addressing the challenges that Indian expats face when investing in their home country. The simplicity of digital onboarding is a game-changer, especially for those who are accustomed to traditional paperwork hassles.
As a graphic designer and entrepreneur, I can see the value in the curated portfolios feature. It's often overwhelming to figure out where to invest, and having a smart tool to guide based on investment horizon, capital allocation, and risk appetite is incredibly helpful. The emphasis on cross-border compliance is also noteworthy – tackling taxes across two countries can be a real headache.
Your backgrounds from IIT Bombay and IIM Ahmedabad, along with extensive experience at McKinsey, BCG, Meta, Walmart, and HSBC, add a strong foundation to your venture. The fact that you've already attracted $150K in invested capital from a global user base is a testament to the platform's appeal.
I'm intrigued by the 2 years zero platform fees offer until the end of 2023 – a great incentive for potential investors.
Keep up the fantastic work, and I look forward to seeing iNRI grow even more in the coming months! 👏
About iNRI on Product Hunt
“Wealthfront for 32M Indian expats”
iNRI launched on Product Hunt on December 19th, 2023 and earned 140 upvotes and 14 comments, placing #16 on the daily leaderboard. Investing in India from abroad is hard because of paperwork and complex compliance guidelines. iNRI makes India investing easy for Indian expats / NRIs with fast onboarding, curated portfolios, and taxation and repatriation support.
iNRI was featured in News (36.8k followers), Fintech (46.9k followers) and Investing (26.6k followers) on Product Hunt. Together, these topics include over 26.8k products, making this a competitive space to launch in.
Who hunted iNRI?
iNRI was hunted by Michael Seibel. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
Want to see how iNRI stacked up against nearby launches in real time? Check out the live launch dashboard for upvote speed charts, proximity comparisons, and more analytics.
Michael Seibel