🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Reverse flipping by Indian startups gathers steam: Here’s all you need to know
Economic Times
·
1m ago
Medial
Several Indian startups are re-domiciling to India from overseas for better listing prospects and regulatory benefits. Companies like Meesho, Flipkart, Dream Sports, Zepto, and Groww have undergone or are undergoing this 'reverse flipping' process. Meesho is nearing its IPO in India, while Flipkart plans a public listing by 2026. Dream Sports, Zepto, Pine Labs, and Groww have successfully moved back, paying significant taxes, while Razorpay and PhonePe are also relocating their parent entities to India.
View Source
1
Related News
Zepto Joins Reverse Flip Parade; Eyes India IPO In 2026
Inc42
·
1y ago
Medial
Indian unicorn Zepto, backed by Nexus, is considering a reverse flip to India, aiming for registration as an Indian company by 2024 and a public listing by 2026. The reverse flipping structure is yet to be finalized, but Zepto is reportedly exploring a share swap, with shareholders of the Singapore entity receiving shares of the Indian entity. This move aligns with a trend among Indian unicorns to redomicile to India, but challenges, such as tax implications and regulatory approvals, need careful consideration.
View Source
‘Ghar-wapsi of Indian companies’: Zerodha’s Nithin Kamath lauds govt move to fast-track start-ups’ ’reverse flipping’ | Mint
Livemint
·
10m ago
Medial
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.
View Source
Startups Flipping Back Will Not Be Spared From Taxes: Goyal
Inc42
·
1y ago
Medial
Indian startups considering reverse flipping to move their headquarters back to India will have to bear tax liabilities, according to Union commerce minister Piyush Goyal. He stated that it would be difficult to justify exempting certain companies from paying taxes solely for moving back to India. Goyal added that many companies went outside India for their own selfish reasons and their return is not an altruistic move. The issue of angel taxes and valuation norms was also discussed, with Goyal emphasising the need to balance the concerns of startups and the prevention of illegal activities.
View Source
What’s next for India’s unicorn club in 2024?
Inc42
·
1y ago
Medial
The Indian startup ecosystem experienced a slowdown in creating new unicorns in 2023, with only two emerging, marking the lowest number since 2017. However, as investors regain confidence in 2024, at least a dozen startups are expected to join the unicorn club. The fintech sector is likely to produce the most new unicorns, followed by ecommerce and enterprise tech. Startups are also considering going public to secure funds, with 14 tech startups expected to list in 2024. Additionally, the trend of reverse flipping, or redomiciling Indian startups back to India, is becoming prominent.
View Source
BT Exclusive: At least 90% of India’s foreign domiciled unicorns will flip back to India, says Siddarth Pai
Business Today
·
10m ago
Medial
- Reverse flipping is a growing trend in the Indian start-up landscape, with companies like PhonePe and Groww successfully completing the transition. - Reverse flipping involves relocating assets, operations, and intellectual property rights from foreign bases back to India. - The dislocation between headquarters and operations has been a concern for Indian start-ups, and a simplified structure in India can result in less friction with authorities and ease of management. - Investor sentiment, both local and global, towards Indian start-ups is improving, and the shift back to India is driven by the higher value creation in the Indian market and the inability of the Indian public to participate in IPOs of overseas entities. - The Indian government's policies and infrastructure need improvements, such as a tax-free redomicile process, greater flexibility in issuing instruments, easier M&A norms, and a stronger corporate law system with dedicated courts. - It is expected that a significant number of foreign-domiciled unicorns and funded start-ups will flip back to India, with non-funded start-ups also likely to join the trend.
View Source
Iron out ‘reverse flipping’ kinks: Startups tell govt
Economic Times
·
3m ago
Medial
The Indian government is working to simplify the 'reverse flipping' process, which allows startups domiciled overseas to relocate to India. However, startups are urging further reforms to remove procedural hurdles, particularly around complex shareholding structures and foreign investment regulations. Successful examples include Dream Sports and Pine Labs relocating operations to India. The Ministry of Corporate Affairs plans to expand the fast-track merger scope to aid more startups, while companies like Razorpay and Meesho are undergoing the process.
View Source
Pine Labs gets NCLT nod to reverse flip Singapore entity
Economic Times
·
3m ago
Medial
Pine Labs has received approval from the National Company Law Tribunal (NCLT) to merge its Singapore entity with its Indian entity, effectively reverse flipping its parent company back to India. This aligns Pine Labs with other fintech firms like Groww and potentially Razorpay making similar moves. With all statutory and regulatory approvals in place, Pine Labs plans to list on Indian stock exchanges. The company, valued at $5 billion, aims for a billion-dollar IPO despite market uncertainties.
View Source
Startup Lingo – 101 Terms You Need to Know (From A to Z)
Internet
·
3m ago
Medial
Whether you're building on your first startup idea or are a seasoned entrepreneur, there's a good chance you will come across a startup term or phrase you're either unsure of or just need to double-check. We are here to get you up to speed and help decipher all things startup. This definitive word list has everything you need to know to help you on your startup journey. Have this list with you, and you'll always have a reference to be on top of all the jibberish startup lingo 🚀
View Source
Govt fast-tracks approval process for overseas-headquartered startups' mergers into Indian arms
Economic Times
·
11m ago
Medial
To boost reverse flipping, India has announced a fast-track approval process for merging a foreign-incorporated startup with its Indian arm. The National Company Law Tribunal (NCLT) clearance requirement will be eliminated, and instead, Reserve Bank of India (RBI) approval will be necessary along with government approval. This change, effective from September 17, will benefit startups founded by Indians overseas who want to return to India and take advantage of the country's growth opportunities. The move aims to simplify the regulatory process and tap into India's favorable capital markets and government support.
View Source
India’s listed digital firms’ market in early days as ‘reverse flipping’ gains steam: Bay Capital
Economic Times
·
2m ago
Medial
India's digital-first companies, valued over $90 billion, remain in early stages of market maturity, with a significant concentration in a few firms. Bay Capital reports a trend of startups "reverse flipping," moving their domicile to India for IPOs, driven by better capital availability and valuations. Regulatory changes and a richer domestic capital pool fuel this trend. The market is expected to grow, but sustainable business models and strong governance are deemed crucial for long-term success.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in