‘Bad timing’, says Dream Sports CEO Harsh Jain on flipback to India amid RMG ban

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Dream Sports cofounder and CEO Harsh Jain said the company’s redomiciling from Delaware, US, to India, which was completed in March, seems like bad timing in retrospect.

“But at least now we are fully an Indian company, paying Indian taxes, and can rebuild from scratch,” he told ET in an interview on Monday.

In March, Dream Sports Inc completed a merger with Mumbai-based Sporta Technologies to revert its domicile to India. At the time, a company spokesperson had said that Dream Sports “has completed ghar waapsi and is now an India-domiciled…



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‘Bad timing’, says Dream Sports CEO Harsh Jain on flipback to India amid RMG ban



Dream Sports cofounder and CEO Harsh Jain said the company’s redomiciling from Delaware, US, to India, which was completed in March, seems like bad timing in retrospect.

“But at least now we are fully an Indian company, paying Indian taxes, and can rebuild from scratch,” he told ET in an interview on Monday.

In March, Dream Sports Inc completed a merger with Mumbai-based Sporta Technologies to revert its domicile to India. At the time, a company spokesperson had said that Dream Sports “has completed ghar waapsi and is now an India-domiciled…



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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