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Startups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector which is governed by the countrys central bank regulations.
Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping ahead of listings.
Catch all the important developments of the week in the PE/VC industry.
India Business News: A growing number of Indian-origin companies are 'reverse flipping' - shifting their domicile back to India from overseas because of attractive stock m
The 21st IIM of India in Mumbai, NITIE has completed 100% placements 2024 with higher average salary at Rs.31 LPA while highest salary goes down at Rs.54 LPA