Startups' reverse-flip plans taking a pause amid valuation reset, tax worry

Indian startups are slowing plans to reverse flip back to India as valuation resets, tax uncertainty and stronger US ...
inc42

MCA Floats New Rules, Exempts Startups Looking To Reverse Flip From NCLT Nod

The rules, which come into effect from September 17, mandate RBI’s approval for such mergers or amalgamations, besides the government’s approval The MCA notification now effectively clears the air ...
The Financial Express

BRND.ME completes reverse flip to India, eyes IPO in 12-18 months

Roll-up e-commerce leader BRND.ME has successfully shifted its domicile from Singapore to India following NCLT approval.
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Fast-track approval for startups’ reverse flip; quick comm’s Diwali gifts

The government has eased the approval process for startups looking to shift their base back to India. Details on this and more in today’s ETtech Top 5. Also in this letter: Purplle FY24 earnings ...
Reuters

India regulatory reform could hasten homecoming of IPO-bound startups

Time to 'reverse flip' reduced to about 3-4 months from at least 12-18 months due to rule change Several foreign companies in process of completing merger with Indian subsidiary-sources IPO funds ...
inc42

Flipkart Joins The Reverse Flip Parade

For the first time, Flipkart has publicly stated that the company is looking to shift its base from Singapore to India A Flipkart spokesperson said that the move aligns with the company’s “deep and ...