40% Indian unicorns aren’t actually Indian
Razorpay is planning a ‘Bharat Wapsi' from US that could cost them around $300 in taxes. Today, I wanted to explain the process, Infamously called a "reverse flip".
- PhonePe and Zepto might have to pay ov
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Anonymous 6
Stealth • 7m
One of the biggest reasons for this is that capital gains tax in India is close to 42%. During secondaries founders get half their money so a place like singapore makes more sense. During IPO everyone will definitely flip back.
During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India.
A video of Sitharaman facing criticism from a stock market broker has gone viral.
40% Indian unicorns aren’t actually Indian
Razorpay is planning a ‘Bharat Wapsi' from US that could cost them around $300 in taxes. Today, I wanted to explain the process, Infamously called a "reverse flip".
- PhonePe and Zepto might have to pay ov
This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023).
📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal -
- High Flipping Rate: Overall around 54% of IPO shares
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
ONE INTERESTING OBSERVATION SERIES
DAY #4
Good news and bad news on the Indian tax collection front.
Personal income tax is surging, with a near 20% increase over the past three months, suggesting that individual spending might be on the rise, ind
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financialnews
Stealth • 1m
This Penny Stock "Standard Capital Markets' Share Surges Post Fundraising Completion; Penny Stock Still Under ₹2"
"Standard Capital Markets Ltd Gains 4-5% in Early Trade on Thursday After Completing Fundraising; Stock Remains Under ₹2"
Penny Stock
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0 replies7 likes
Jayant Mundhra
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Dexter Capital Advisors • 1m
I know that Delhi, Maharashtra and Karnataka account for much of India’s income tax collections.
But, the fact that Delhi’s direct tax to GDP ratio is as much as 21%, while for Bihar it’s 0.9% - That is staggering! 🤯🤯
Came across this fantastic H
🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022.
❓Why is it still not postive in profitability after offe
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11 replies9 likes
Harsh Dwivedi
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Medial • 1m
Top news of the Week:
1. Key Startup Funding Highlights Of The Week
- While a mega deal materialised in the form of NBFC Finova Capital’s Series E funding round in the final week of October, no deals worth over $100 Mn took place in the first week
1. Key Startup Funding Highlights Of The Week
- Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week
- Lightspeed, Peak XV and Elevation Capital backed multiple startu