India

“Investing in India is little difficult because of some of the government norms people, people do find difficult in investing in India and in Singapore, it's quite easy. Because the process and the business why is they, they've set up themselves. So it's compar…”

“Except like in countries like India, you have a regulatory obligation to do some kind of philanthropic giving from the moment that you become profitable.”

“So you can hire a bunch of Indians and Filipinos to do your development work and your software testing work. But you may not want to hire them to do your sales and your marketing. If you're targeting a North American audience, because they may not have the cul…”

“There's no way India will become a China because China, despite what's happening right now with COVID making it look like it's not organized. It's a very organized country and Xi Jinping has done a really good job of getting rid of corruption. And You know, th…”

“And I think India has all of the, you know, necessary components to be a China, right? And, you know, all, you know, really just need to set up the infrastructure there and, you know, the trade relations.”

“So for it to become as sizable as an opportunity as say North America, US, Canada, it's still gonna be six, seven years at least.”

“The US product differ in this matter because payments success rates is a big problem in India. So we allow direct integrations with payment processors when it comes to India in the U S we don't touch payments at all. We essentially ride on top of the Shopify c…”

“It wasn't possible until very recently. In fact, it probably got possible in 20, 22 itself. And that too, for Amounts less than 2000 rupees. That'll be, what, around 25 dollars. As long as the transaction is less than that, you don't really need to sort of do …”

“But when you ask the question that a great investable business, for example, as an investor, it has to make money and India is not a SaaS market for that.”

“Indian product is actually very fairly profitable. We make around 8085% gross margin on that.”

“In India, it's very important to do direct connection because otherwise the infrastructure isn't that robust yet.”

“The bar for quality that they have for a product or a software product specifically is really high. Whereas in India, the mentality is that, Hey, I mean, I'm okay with a half baked product, as long as you bundle a great service around it.”

“We've got about a hundred people sitting in the office. It's about a 7500 square foot area. [1008] Sean Weisbrot: That's in India. [1009] Vikram Saxena: That's in India.”

“There is obviously, I'll be honest that there is a hint of hesitation among the Silicon Valley VCs for founders who are based out of India, but not so much like Indians.”

“What I think is that the factories that are going to be created in the U.S. Are going to be vastly different from the factories we are seeing in China or Indonesia or India or whatever, because the set of constraints is vastly different.”