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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

. • 1y

Hope government keeps improving thism

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Siddharth K Nair

Thatmoonemojiguy 🌝 • 5d

📉 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