What term describes the trend of overseas start-ups shifting their domicile to India?
Reverse Flip
Why in the news?
"Zepto Completes Reverse Flip, Shifts Domicile to India Ahead of IPO”
Reverse Flip refers to the trend where overseas start-ups shift their domicile to India, typically ahead of listing on Indian stock exchanges. This trend allows companies to capitalize on India’s growing investment opportunities and financial markets, especially for IPOs.
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