Tech
Reverse flipping by Indian startups gathers steam: Here’s all you need to know
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Driven by better listing prospects and regulatory ease, several Indian startups and companies have started to redomicile to India from overseas.
Here’s a look at prominent companies that have completed or are in the process of ‘reverse flipping’:
Meesho: ET reported on June 13 that Meesho could see the process of its redomiciling from the US to India conclude as early as this week. The ecommerce marketplace is heading for an initial public offering (IPO) this month, at a likely size of $700-800 million.
Meesho had applied for the National Company Law…
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