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

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!