Such standalone entities, unlike global financial heavyweights familiar with India’s capital markets and its regulatory environment, believe the burden of regulatory compliance might outweigh the rewards. If they come to India, they will have to first register as an FPI, a process that itself takes about three to six months.
SpaceX stock transfers raise compliance questions for Indian HNIs
Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid