Indian startups are increasingly “reverse flipping” back from foreign jurisdictions due to regulatory reforms, maturing capital markets, and rising investor confidence. This shift reflects India’s growing appeal as a global startup hub with strong domestic support.
Flipkart exits Aditya Birla Fashion and Retail in Rs 582 crore bulk deal; ABFRL stock tumbles 11%
Flipkart Investments Private Limited divested its 6% stake in Aditya Birla Fashion & Retail. The sale occurred in a bulk deal for Rs 582 crore.