Paasa YC Application

Summer 2024Active

Paasa went through Y Combinator in the Summer 2024 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2024
Industry: FintechAsset Management
Team size: 9
Status: Active
Launched: 2024

Founders

Nitish SahniFounder
Sparsh SharmaFounder

What Paasa does

Paasa helps wealthy Indians invest in global equities - without middlemen, hidden fees, or paperwork. While high-net-worths in India often have international expenses from children's education to healthcare, most still save in INR, a currency that depreciates ~2 - 5% per year against the USD. Why? - Broken outward remittance process - Fear of making mistakes in tax or compliance - Paper-heavy onboarding processes of international brokers - Lack of trustworthy guidance Paasa offers a mobile app that enables Indians to trade worldwide, invest via advisory, and automate every cross-border tax filing.

Paasa's YC application, reconstructed

Y Combinator application

Paasa, Summer 2024 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Paasa

Describe what your company does in 50 characters or less.

Invest in Global Equities from India

What is your company going to make? Please describe your product and what it does or will do.

We have built a mobile app that allows wealthy Indians to invest directly in global equity markets. Our app handles the paperwork, compliance, and cross-border tax filings automatically. We also offer advisory services to guide users on investing internationally without hidden fees or middlemen.

Where do you live now, and where would the company be based after YC?

We currently live and work in Gurugram, Haryana, India. After YC, we plan to remain based in Gurugram.

Explain your decision regarding location.

Our users and founders are in India, and the pain is specific to Indian regulations and currency dynamics. Building from Gurugram puts us close to our customer base and local financial infrastructure, which is critical for compliance and trust building.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Paasa YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Paasa's public data (launch notes, founder backgrounds, product description). It shows how a company like Paasa would present itself to YC, not the text they submitted.