https://rize.razorpay.com/incorporation/wiki/conclusion
To summarize, you can opt for any of the above-mentioned incorporation types based on your business needs. There are a bunch of legal implications and requirements, but we have tried to answer most of your questions around Incorporation through this wiki.
Still in doubt about which type of incorporation suits your business? We have compiled the below table to help you give some clarity to help you make informed decisions relevant to your business.