I cannot speak for other industries but India is pretty unfriendly for web startups. The Reserve Bank of India has the worst policies when it comes to IT compan

I cannot speak for other industries but India is pretty unfriendly for web startups. The Reserve Bank of India has the worst policies when it comes to IT companies. 1) In India, you cannot create recurring subscriptions as the RBI prohibits charging the credit card automatically. Not one Indian payment processor (I've talked to a many) gives you the option to create recurring subscriptions. Can you imagine where half the internet companies will be if you could not create recurring subscriptions? 2) Add to that, Paypal to Paypal transfer within India is prohibited by RBI. Why? Because certain people used to evade tax by purchasing goods directly with their Paypal balance. So, instead of catching the tax evaders the govt. of India found it easier to ban the whole thing.