Why is this happening?
- Strategic advantage: Using local skills, assets, and market know-how more efficiently to align their operations with their primary market.
- Favourable policies: Tax policies, intellectual property protection frameworks, and support from the government with simplified regulatory compliances are on the list of enticing rewards India’s startup ecosystem has on offer.
- Abundance of and easy access to venture capital.
- Growth potential: India’s growth rate is double that of other emerging markets across the world.
- An uptick in investor confidence: India’s global image as a favourable business hub is instilling confidence among investors.
- A resilient, growing IPO market in India.
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That is just a brief overview though. There is more to the phenomenon—the nuances, the policies, the growth potential, the role of these “homecoming heroes”, and the impact reverse-flipping will have on the Indian startup ecosystem and India’s image as a global startup hub.
If you are a startup owner considering relocation to India, it is crucial to understand the details, the benefits that await you on homecoming, and the steps you need to take for a smooth, seamless transition.
The Economic Times has got you covered, with the “Homecoming Heroes: Unveiling the Strategic Shift of Startups to India and its Tax Payout Conundrum” mini-panel at the revamped and repurposed Economic Times (ET) Soonicorns Summit 2024. But before we talk about the panel and the elite list of speakers participating therein, let us take a look at the summit first.
ET Soonicorns Summit 2024: Key highlights
The summit, in its third edition this year, is a unique melting pot of ideas, information, insights, networking opportunities, and more. It is the only platform in India to celebrate soonicorns—a name given to startups on the cusp of becoming unicorns. Themed ‘From Resurgence to Resilience’, this year the summit returns with its core messaging or call to startups to ‘Recalibrate. Rebound. Reinvent’, signalling a shift towards strategic recovery, sustainable growth, and responsible innovation.
Discover the stories of your interest
This is what to expect from this year’s summit—the first-ever ticked format—and this is why you should register for the third edition of the Economic Times Soonicorns Summit 2024 in Bengaluru on September 20, 2024:
- Keynote speaker BV Naidu, Chairman of Karnataka Digital Economy Mission (KDEM), will share his insights into the role of KDEM in actively bridging the knowledge gap between the Government of Karnataka and the Indian startup ecosystem, and its initiatives to nurture the ecosystem.
- A long, illustrious list of industry leaders, policymakers, and industry insiders sharing their playbooks of manoeuvring the highs and the lows of the startup ecosystem in India, – including Hari Menon, Co-Founder of BigBasket; Aman Gupta, Co-founder and CMO of boAt; Mayank Kumar, Co-founder and MD of upGrad; Shanti Mohan, Founder, LetsVenture; Shally Modi, Co-founder, Pratilipi, and many more.
- Curated panels have been designed, wherein the industry leaders will brainstorm and lay down actionable insights to navigate the challenges of the startup ecosystem and foster a more pragmatic approach towards building a stronger landscape.
- Fireside chats with the likes of Aman Gupta, Jitendra Chouksey, and Mayank Kumar to get a taste of the recipes for creating successful ventures, and sustaining the momentum.
A passage to India: The why, what and how of startups’ homecoming
To help you chart the course towards India, the summit has curated an insightful mini-panel on homecoming or reverse flipping, ‘Homecoming Heroes: Unveiling the Strategic Shift of Startups to India and its Tax Payout Conundrum’.
The panel features two speakers:
- Abhishek Dubey, Partner at Trilegal – M&A, Venture Capital & Private Equity: Dubey has more than a decade and a half of experience in transactional counsel. He has led a team of lawyers in many M&A, PE, and VC transitions in sectors including tech, pharma, education, real estate, oil and gas, e-commerce, and more. His expertise gives him immense knowledge of the laws governing these sectors and a serious overview of making the homecoming process seamless.
- Ramakant Sharma, Founder and COO, Livspace: An engineering graduate from IIT Kanpur, Sharma has been the VP of engineering at Myntra, and an operating partner at Jungle Ventures. He plays a central role in driving all technological innovations at Livspace, while he also leads the operations team.
Dubey and Sharma will take you through the homecoming phenomenon, and answer every question about relocating your startup to India. They have the legal and hands-on experience required to speak about such a stimulating subject and chalk out an actionable strategy at the same time.
What are you waiting for then? Register now and be a part of the ET Soonicorns Summit 2024, to immerse in some path-breaking ideas, not only regarding the homecoming phenomenon but also in goal-driven discussions, designed to identify gaps, let go of practices that did not deliver results, and adopt a forward-looking approach to be at the forefront of AI-led disruption, even as a funding spring seems to be on the horizon.
To learn more about the ET Soonicorns Summit, visit the website
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(This article is generated and published by the ET Spotlight team. You can get in touch with them at [email protected])