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RAZORPAY INDIA REDOMICILING
Exclusive: Razorpay invites banker pitches for IPO; targets Rs 4,500 crore fundraiseRazorpay has begun formal preparations for a stock market debut, inviting merchant bankers to pitch for its IPO mandate, people familiar wi...- Snowflake CEO on AI, search & more; Razorpay joins IPO queueHappy Friday! Snowflake CEO Sridhar Ramaswamy spoke with ET about the impending overhaul of online search due to AI. This and more in today...
- Flipkart gets IPO ready with NCLT nod to flip back domicile to IndiaThe Bengaluru-based online retail company, which plans to file its IPO papers in 2026, has now sought an approval from the central governme...
- Lenskart's lukewarm listing; A look at recent new-age IPOsOmnichannel eyewear retailer Lenskart saw a rocky debut at the bourses on Monday. This and more in today's ETtech Top 5.
- Razorpay FY25 results: Revenue grows 65%, but net loss stands at Rs 1,209 croreRazorpay’s revenue jumped 65% to Rs 3,783 crore in FY25, driven by payments, POS, loyalty, banking, and global operations. Gross profit ros...
- Infosys' strong Q2; Eternal triples revenueInfosys announced a strong Q2 with high profit and revenue. This and more in today's ETtech Top 5.
- NPCI ups RuPay card play; India off YC radarHappy Wednesday! The National Payments Corporation of India (NPCI) is rolling out fresh incentives to encourage banks to issue more RuPay c...
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- Meesho completes India flip; PayU's mixed FY25Meesho has completed its reverse flip from the US to India. This and more in today’s ETtech Top 5.
- Meesho concludes reverse flip process; likely to file DRHP in 2–3 weeksSoftBank-backed Meesho has completed its reverse flip, moving its domicile to India and becoming a fully Indian company. The board approved...
- Meesho secures NCLT approval for reverse flip; faces $280-300 million tax outgo in the USMeesho, like fellow Y Combinator-backed startups Groww and Razorpay, was incorporated in the US to simplify access to global capital. Howev...
- Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
- Razorpay completes reverse flip from US to India with MCA approvalRazorpay had applied to the regulators for the reverse flip under amended rules, which do not require companies to apply to the NCLT. Razor...
- ED lens on Jaggi brothers; Flipkart begins India shiftHappy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Mornin...
- Flipkart gets board’s nod to shift domicile to IndiaWith its flip back, Flipkart will join a swathe of new-age firms, which have redomiciled themselves to India. Fantasy sports platform Dream...
- Iron out ‘reverse flipping’ kinks: Startups tell govtStartup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affai...
- PhonePe converts to public company ahead of planned IPOAs part of the transition, the firm has also changed its name from "PhonePe Private Limited" to "PhonePe Limited.” Walmart chief executive ...
- Razorpay moves closer to IPO with board nod to go publicThe development comes as the Bengaluru-based firm begins the process of reverse flipping its parent entity from the United States to India.
- Kreditbee, Khatabook's domicile shift likely to pave way for IPOsValued at $700 million, Kreditbee flipping base to India will set the stage for a domestic initial public offering by the company — the key...
- Razorpay’s ‘reverse flip’ to India may entail $300 million tax payment in USRazorpay will seek clearance from the National Company Law Tribunal (NCLT) in the next two months to merge its American holding company wit...
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