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Overseas listings and IPOs are made easier for Indian startups

Overseas listings and IPOs are made easier for Indian startups

Indian tech firms that list overseas will no longer be considered as Indian listed companies

Until now, such companies were subject to rules and regulations imposed by SEBI

They include quarterly disclosures to the regulators on financial performance and corporate governance

Now, such companies will only have to comply with rules under respective jurisdiction

Several Indian startups like Zomato, PolicyBazaar, Flipkart, Grofers and Delhivery plan to go public this year

Some of these startups consider dual listing, both in India and abroad

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