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Homecoming: Indian Startups Reverse Flip Back to Bharat
A new wave is sweeping India’s startup ecosystem as top firms like Razorpay, Meesho, and Pine Labs—now with NCLT approvals—are shifting their legal base back to India. Others like Dream11, Groww, Zepto, and PhonePe have already completed the move. Driven by IPO ambitions, these startups are relocating from the US and Singapore to align with Indian regulations, access local capital markets, and boost public listing prospects.

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