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BankingNABARD / RBI

Razorpay Reverse Flip: Parent Company Moves to India

2 June 20251 min read
BANKING & FINANCERazorpay ReverseFlip: ParentCompany Moves toIndia2 June 2025safalsetu.com

Why in the news

Fintech unicorn Razorpay finished re-domiciling its holding entity in India, preparing for a home-market listing.

Key facts

  • Reverse flip completed: US to India.
  • IPO aimed at end of CY2026.
  • Rationale: regulatory alignment and easier access to Indian capital markets.
Other reverse flipsFromWhen
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ZeptoSingaporeRecent

Significance

  • Strengthens India’s pull as a listing venue and aligns the firm with local compliance rules.

Exam angle

  • Term: reverse flip.
  • Tax: $150 million = ₹1,275 crore.

Test yourself

1. In the 2025 Razorpay news, which country did the fintech move its parent entity from?

Razorpay shifted its parent from the US to India.

2. Razorpay's estimated tax liability on shifting its domicile to India was about:

The estimate is $150 million (₹1,275 crore); $200 million was an earlier guess.

3. By when does Razorpay aim to launch its domestic IPO?

The target is before December 2026.

This topic is part of Daily Current Affairs 1 & 2 June 2025 (20 topics).

All topics of the dayDay quizJune 2025

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