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Groww pays $160M tax as it returns to India amid a startup relocation wave | TechCrunch

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Summary
Nutrition label

80% Informative

Nearly a dozen Indian startups are relocating their headquarters to India from the U.S. and Singapore .

The shift in domicile creates a tax event for both investors and the startup.

The first nine months of 2024 saw almost 70 IPOs in India , already the second -highest number of offerings in any calendar year on record.

VR Score

90

Informative language

95

Neutral language

83

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links