Current Affairs · Economy and Startups
In the context of the Indian startup ecosystem and SEBI regulations, what is meant by 'Reverse Flipping'?
- 1Reversing the decision to go public through an IPO
- 2Shifting the legal domicile or corporate base of a startup back to India✓
- 3Outsourcing core technical development work to external vendors
- 4Shifting a company's operational headquarters to Europe
Correct answer
Shifting the legal domicile or corporate base of a startup back to India
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