Inri – Digital KYC, Investing and Tax for Indian Expats (YC W23)

Hacker News

There are many Indians living abroad and are the biggest segment when it comes to cross-border remittances. However, getting started and taking care of their Indian finances while abroad has been extremely manual and tedious. We solve that problem through a wealth management platform only for Indian expats ( https://goinri.com/ ) Our Launch HN post for more context - https://news.ycombinator.com/item?id=35389110 One of the trickiest parts for investors in this process has been KYC - Know Your Customer requirements by Indian financial institutions. For the longest time, Indians abroad were either required to submit physical paperwork or required to be in India to complete KYC to get started. We have made this 100% online - You submit your docs in less than 5 mins and your KYC gets done in 3-4 working days. The other problem for Indians abroad who have wanted to invest in India is not knowing where to start. For that, we curate investment options based on cross-border compliances (e.g. Not all mutual funds are open for US / Canada residents) and make the entire investment journey simple and personalized to your investment goals, like Wealthfront. Additionally, the platform also offers support for cross-border tax reporting and repatriation to solve for the full journey in a self-serve manner. Finally, cross-border tax compliance becomes a pain. US and a few other countries have special reporting requirements for foreign investments, and we provide these tax documents online. Just like Robinhood provides a detailed tax statement to attach with your 1099. To educate people on tax and investments, we also conduct webinars (The next webinar on India taxes is on July 15 - https://lu.ma/inri ) and have built Search powered by Chat GPT ( https://goinri.com/blog ) to answer questions related to India investing, taxation, compliance, and more related topics. We would love to get your feedback! Thank you!

Visit product View on Hacker NewsJul 12, 2023

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Indie HackersFits the IH revenue-focused audience · Strong signals: started · Missing: supports, reddit linkedin, podcasting

90%90% predicted probability of success on Indie Hackers, based on ML models trained on real launch data.

best fitHighest predicted score across all platforms for this description.

AppSumoStrong fit for a featured deal · Strong signals: platform · Missing: plus, intuitive, reviews

52%52% predicted probability of success on AppSumo, based on ML models trained on real launch data.

TrustMRRLess likely to generate early MRR · Strong signals: personal · Missing: mobile apps, ios, entrepreneurs

49%49% predicted probability of success on TrustMRR, based on ML models trained on real launch data.

Hacker NewsMay not resonate with HN audience · Strong signals: ide, io · Missing: https docs, excited, just released

48%48% predicted probability of success on Hacker News, based on ML models trained on real launch data.

nativeThis product was originally launched on this platform.

Product HuntUnlikely to reach the leaderboard · Strong signals: new, context, physical · Missing: mac, agents, macos

31%31% predicted probability of success on Product Hunt, based on ML models trained on real launch data.

Acquire.comPre-revenue stage for this audience · Missing: arr, mrr, revenue

10%10% predicted probability of success on Acquire.com, based on ML models trained on real launch data.

BetaListMay not resonate with beta-testers · Strong signals: chat, finances · Missing: web3, crypto, cryptocurrency

0%0% predicted probability of success on BetaList, based on ML models trained on real launch data.

Incorrect prediction on native model

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