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Razorpay to move parent entity to India from US ahead of IPO plans

While a reverse flip to India is a costly affair, Razorpay will be able to manage the same with its available funding, Sources told Moneycontrol. PhonePe, which recently domiciled to India from Singapore, said that its investors had to cough up almost Rs 8,000 crore in taxes.
Sameer Nigam Shashank Kumar Harshil Mathur Harshil Mathur Shashank Kumar Silicon Valley Bank Financial Group

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