Why Are Startups Like Razorpay, Meesho Shifting Back To India?
Indian startups based abroad consider shifting to India due to potential easing of tax burdens, making it more financially attractive.
Tax Benefits
New regulations and guidelines by the Indian government aim to facilitate the redomiciling process, offering incentives for businesses to relocate.
Govt Support
Some startups, like Udaan, are eyeing India as a preferred base before going public, indicating a strategic move for initial public offerings.
IPO Considerations
Despite challenges, India remains a lucrative market, prompting startups to make the return journey and align their operations with the evolving Indian business landscape.