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ERUDITUS REVERSE FLIP
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...- Dream Sports does an express flipback; among first to reverse merge sans NCLT nodThis is among the first examples of a new-age firm using the fast-track mechanism for cross-border mergers, under which a foreign holding e...
- Livspace names Ramakant Sharma as CEO, Anuj Srivastava as chairman ahead of IPOCofounder and CEO Anuj Srivastava will transition to the role of chairman of the board, while Ramakant Sharma, currently the chief operatin...
- Trump sounds DeepSeek alarm; Zepto’s homecomingDeepSeek’s arrival is a warning for American companies, says US President Donald Trump. This and more in today’s ETtech Top 5.
- Groww, Razorpay pay for reverse flip; Arzooo’s distress saleHappy Thursday! Stockbroking platform Groww, had its valuation reduced as part of its flip back to India, said sources. This and more in to...
- India regulatory reform could hasten homecoming of IPO-bound startupsIndia's removal of the National Company Law Tribunal approval for reverse flip mergers is accelerating the return of Indian startups domici...
- Livspace’s reverse flip; Byju’s US lenders move SCHome decor startup Livspace is preparing to move its domicile back to India from Singapore. More on this and other updates in today’s ETtec...
- Livspace to file for domicile flip from Singapore for IPO in 2025-26Ikea-backed Livspace is set to become the latest startup to file for flipping its domicile to India from Singapore and has secured the boar...
- Reverse flips get on the fast-track; quick comm's Diwali playThe government has eased the approval process for startups looking to shift their base back to India. Details on this and more in today’s E...
- More fintechs flip back; IT freshers hiring revivalHappy Tuesday! Lending startup Kreditbee has moved its domicile from Singapore to India. This and more in today's ETtech Morning Dispatch.
- 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...
- Flipkart maps out India redux; QED’s Nigel Morris interviewHappy Monday! Ecommerce major Flipkart is in discussions to shift its domicile from Singapore to India. This scoop and more in today’s ETte...
- Meesho closes $275 million funding in first tranche, in talks for moreMeesho secures $275M funding in a $600M round. Share transfers hinted in SEC filing. In total, Meesho has raised $1.36 billion – including ...
- Groww's reverse flip to India; investors bet on gaming studiosHappy Thursday! Fintech startup Groww has completed the process of domiciling itself to India from the US. This and more in today’s ETtech ...
- Groww moves domicile to India from the USIncreasing number of large startups across sectors looking to shift from US, Singapore
- Startups looking to reverse-flip must pay tax: Piyush GoyalIndian-origin startups considering relocating to India face tax implications, aiming for better valuations. Minister Goyal emphasized using...
- Macquarie downgrades Paytm; IT headcount drops againGlobal brokerage Macquarie has downgraded Patym’s stock and slashed its target price following the recent action by the central bank. This ...
- No spending freeze at startups; Swiggy, PharmEasy FY23 report cardTop internet firms didn’t let a ‘funding winter’ dampen their urge to spend in the last fiscal, an ET analysis found. Details of this and m...
- Eruditus joins queue of reverse flips by Indian startups, weighs IPOEdtech unicorn Eruditus is planning a shift in domicile from Singapore to India, or reverse flipping, and joins the growing list of Indian ...
- Eruditus plans India flip; Ayodhya boost for spiritual appsIndian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is ...
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