Snapdeal co-founder Kunal Bahl has recently encouraged Indian startups to consider incorporating locally in India rather than opting for foreign jurisdictions. Bahl pointed out the advantages of improved fundraising opportunities from Indian venture capitalists, favorable regulatory conditions, and simplified compliance procedures for operations within India. He emphasized the practicality and benefits of incorporating in the country, dispelling the misconception that foreign incorporation leads to better fundraising prospects and exits for startups. Bahl’s advice comes as a timely reminder for the Indian startup ecosystem to leverage the growing support and opportunities available within the country. Startups looking to establish a strong foundation and thrive in the Indian market may find it advantageous to incorporate locally, taking advantage of the evolving landscape and support system for entrepreneurship. By considering local incorporation, startups can tap into the resources, networks, and funding opportunities that are tailored to the Indian market, ultimately positioning themselves for sustainable growth and success in the long run.