Economic Survey 2022-23 states that Indian start-up companies are looking at 'reverse flipping'.

What is Reverse-flipping

● Flipping is the process of transferring entire ownership of an Indian company to an overseas entity.

● It is generally accompanied by a transfer of all intellectual property and data owned by an Indian company.

● Reverse Flipping is the process of shifting the domicile of those companies back to India who flipped earlier.

● Companies reverse flip because of easy access to capital from private equity and venture capital, changes in rules regarding round-tripping, and the growing maturity of India's capital market.