Reverse flip

Facts for Prelims (FFP)   Source: The Economic Times   Context: Several startups, including Pine Labs, Zepto, and Meesho, are considering a “reverse flip” strategy to return to India. The decision to reverse flip is driven by various factors, including regulatory changes, market opportunities, and the desire to tap into India’s growing digital economy  

Reverse flip

Facts for Prelims (FFP)   Source: Economic Times  Context: Several well-funded startups, including Pine Labs and Udaan, are considering relocating their holding companies to India, a trend known as “reverse flipping” ahead of potential IPOs. This shift is attributed to a tightening regulatory environment, potential IPO plans, and the desire to operate from the home …