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VCGuy

Believe me, it’s not... • 1y

Indian startups are Reverse Flipping. Many startups incorporate in countries like Singapore, Mauritius, the US (primarily for SaaS), or the Cayman Islands for several reasons: - Ease of doing business - Tax incentives - Better funding opportunities, especially growth stage - Clear regulations But it's reversing now ⏪ ➡️RazorPay, Meesho, Phonepe, Groww have moved their holding companies back to India. 💡A clear sign that things are improving - -> GIFT City, Startup India, Atal Innovation, CGSS -> Insolvency & Bankruptcy Code, Angel Tax relief -> Up to 100% FDI in particular sectors like Space Tech -> Over 1700 VC firms providing access to over $20 B Embrace the homecoming 🇮🇳

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Replies (2)

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Yes after 2014 we face huge boost in start sector specially in business oriented policies but still indian government is too slow in terms of policy making

Havish Gupta

Figuring Out • 1y

Hope government keeps improving thism

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Siddharth K Nair

Thatmoonemojiguy 🌝 • 29d

📉 From 66 to 4: What's happening with Y Combinator and Indian Startups? 🇮🇳 Y Combinator's backing of Indian startups significantly dropped in 2024, and it's a fascinating shift! Here's why: * "Reverse Flipping" Costs: YC's requirement for a U