Reverse flipping by Indian startups gathers steam: Here’s all you need to know

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Driven by better listing prospects and regulatory ease, several Indian startups and companies have started to redomicile to India from overseas.

Here’s a look at prominent companies that have completed or are in the process of ‘reverse flipping’:

Meesho: ET reported on June 13 that Meesho could see the process of its redomiciling from the US to India conclude as early as this week. The ecommerce marketplace is heading for an initial public offering (IPO) this month, at a likely size of $700-800 million.

Meesho had applied for the National Company Law…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Reverse flipping by Indian startups gathers steam: Here’s all you need to know


Driven by better listing prospects and regulatory ease, several Indian startups and companies have started to redomicile to India from overseas.

Here’s a look at prominent companies that have completed or are in the process of ‘reverse flipping’:

Meesho: ET reported on June 13 that Meesho could see the process of its redomiciling from the US to India conclude as early as this week. The ecommerce marketplace is heading for an initial public offering (IPO) this month, at a likely size of $700-800 million.

Meesho had applied for the National Company Law…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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