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VCGuy
Stealth • 6m
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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