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‘Ghar-wapsi of Indian companies’: Zerodha’s Nithin Kamath lauds govt move to fast-track start-ups’ ’reverse flipping’ | Mint

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‘Ghar-wapsi of Indian companies’: Zerodha’s Nithin Kamath lauds govt move to fast-track start-ups’ ’reverse flipping’ | Mint

Zerodha co-founder Nithin Kamath praised the Indian government's decision to simplify the approval process for merging an overseas-incorporated company, particularly a startup, with its wholly-owned Indian subsidiary. The move eliminates the need for clearance from the National Company Law Tribunal, which has been delaying such mergers. The updated regulations aim to facilitate "reverse flipping," where startups return to India to take advantage of regulatory and investment opportunities. Kamath highlighted the growing Indian stock market, increased household investments, and the need for more Indian businesses to be located in India.

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