Why Indian Startups Are Reverse Flipping (And Why This Time It’s Rational) TL;DR Indian startups are moving their headquarters back to India after years of incorporating abroad. This is called reverse flipping — driven by IPO liquidity, comparable valuations, and regulatory cleanup. Companies like Razorpay, Meesho, Groww, Zepto, PhonePe are already doing it. This isn’t patriotism or trend-chasing — it’s capital efficiency math . India is no longer just a market. It ’s
aayushman6
Dec 18, 20253 min read
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