Bharat Vapsi: Catalyzing India's Startup Renaissance

The IVCA's Bharat Vapsi conference in Bengaluru spotlighted the rising trend of Indian startups redomiciling to India, driven by favorable policy changes. Key stakeholders discussed the impact on India's innovation ecosystem, regulatory landscape, and economic growth, making India an attractive global startup and investment hub.

The Indian Venture & Alternate Capital Association (IVCA) successfully hosted the Bharat Vapsi: Navigating Regulatory and Investment Landscapes conference in Bengaluru. Supported by Cyril Amarchand Mangaldas, Ernst & Young, and Goodwin, the event convened key stakeholders to discuss the trend of reverse flipping and its impact on India's economic growth.

Industry estimates indicate that more than half of non-Indian domicile unicorn startups and scaleups account for a significant portion of the landscape. Rajat Tandon, President of IVCA, highlighted that recent policy reforms such as the removal of Angel Tax and changes to Long-Term Capital Gains are driving this trend. He emphasized that these reforms provide investors with greater flexibility, reinforcing India's status as a global startup and fund management hub.

Prominent speakers discussed the challenges of operating abroad versus the benefits of returning to India, where simplified regulations and cost efficiencies are prevalent. They also explored the role of domestic capital and government policies in making India an attractive destination for startups, along with new funding sources like pension and insurance funds. The conference underscored the immense opportunities within India's evolving investment landscape.

(With inputs from agencies.)