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