According to a survey conducted by Inc42 in 2023 among venture capital firms, the main reason behind the overseas registration of Indian startups was pressure from late-stage global investors. Additionally, 13 percent of respondents reported that unfavorable income and sales tax was a contributing factor.
Key reasons behind overseas registration of Indian startups in the first quarter of 2023
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Inc42. (April 1, 2023). Key reasons behind overseas registration of Indian startups in the first quarter of 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/
Inc42. "Key reasons behind overseas registration of Indian startups in the first quarter of 2023." Chart. April 1, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/
Inc42. (2023). Key reasons behind overseas registration of Indian startups in the first quarter of 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/
Inc42. "Key Reasons behind Overseas Registration of Indian Startups in The First Quarter of 2023." Statista, Statista Inc., 1 Apr 2023, https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/
Inc42, Key reasons behind overseas registration of Indian startups in the first quarter of 2023 Statista, https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/ (last visited November 05, 2024)
Key reasons behind overseas registration of Indian startups in the first quarter of 2023 [Graph], Inc42, April 1, 2023. [Online]. Available: https://www.statista.com/statistics/1378894/india-reasons-for-overseas-registration-of-startups/