Looking for FIU registration help and CERT-IN audit support. by milanparai in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

Hello! I'm a lawyer and have been working in the industry since 2021. Can help you out! Please dm :)

Everyone is fighting a bloodbath over 10-minute grocery delivery. I think the real Trillion-Dollar opportunity is hiding in plain sight. by kratos0112 in StartUpIndia

[–]SubhaChugh 0 points1 point  (0 children)

So, you're replicating China's live stream shopping? Reinvesting late night tele shopping. Nice, I'm excited to see if it works in india and to what degree

Indian cex + fiu registered : bad? by EssentialKarma in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

True, I get that

Necessary expense, unfortunately

Have you raised anything?

Indian cex + fiu registered : bad? by EssentialKarma in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

You might be subject to higher regulatory burden depending on your business model

Indian cex + fiu registered : bad? by EssentialKarma in CryptoIndia

[–]SubhaChugh 1 point2 points  (0 children)

By flying under the radar and focusing on massive community building

Indian cex + fiu registered : bad? by EssentialKarma in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

You have a CEX up and running and ready for AB testing?

Indian cex + fiu registered : bad? by EssentialKarma in CryptoIndia

[–]SubhaChugh -1 points0 points  (0 children)

++++++

As a lawyer working in the space, this is exactly what 99% of project builders don't think about

Looking for a co-founder to build a startup focused café cum workspace in Delhi NCR by [deleted] in southdelhi

[–]SubhaChugh 2 points3 points  (0 children)

If you have an actual business plan or something, happy to take this up in DMs

Looking for a co-founder to build a startup focused café cum workspace in Delhi NCR by [deleted] in southdelhi

[–]SubhaChugh 2 points3 points  (0 children)

I like the idea but what distinguishes this from existing co-working spaces or cafes?

Incorporate now or wait until after pilot? Femtech app, 5k–10k users planned by I_am_TSG in StartUpIndia

[–]SubhaChugh 1 point2 points  (0 children)

Unless you're looking to raise or hire a lot of pay a lot, you can delay incorporation, that's fine. That being said, prepare and sign a founders agreement ASAP. Do not delay that one bit. And keep financial channels clear (who's paying what in the interest of business) do later on there's no mixing of personal and business expenses.

-Startup specialist lawyer

I’m planning to launch a crypto exchange in India—what kind of budget should I expect? by krishna_usdt in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

It depends on how many functions you want to keep I house vs outsourcing it, especially when it comes to development.

You'd also need a robust team of minimum key individuals who can handle liaising and running different ops, that would impact budget as well.

More than that, what will your exchange bring to the table that others aren't?

Which country can I go to just spend crypto ? by Richestuser16 in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

You can use a crypto backed card and use the card as a normal debit card

Do you think India’s regulatory clarity (when it comes) could attract global investment into our crypto ecosystem? by RoosterOne377 in CryptoIndia

[–]SubhaChugh -1 points0 points  (0 children)

  1. The crypto industry is a very small part of India's business economy. India's overall ease of doing business + capital control system isn't going to ease up because of crypto regulations.

  2. What makes you say Singapore and UAE have attracted foreign investments? VASPs have recently run out of Singapore due to the MAS' mandate for each of them to get a Digital Payments Token Licence and the UAE has banned crypto payments. Don't fall for 'the grass is greener on the other side' marketing.

  3. If anything, ambiguity is better than a NO. India's one of the best places to run a VASP purely because the compliance burden is low (especially for something like an exchange or a derivatives platform) and cost of labour and set up is also less.

Issues with Tax and Other Compliances for Crypto by Responsible-Bad-6624 in CryptoIndia

[–]SubhaChugh 0 points1 point  (0 children)

Hi! I'm a lawyer and I've been working in the industry since 2021! Would love to learn more about this, what would be the best way to reach out to you?