TechCrunch
Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back to India from the U.S., signaling a broader trend among the local startup community. The Bengaluru-headquartered startup, which allows consumers to buy shares and mutual funds, made the transition in March, its co-founder and chief executive, Lalit Keshre, wrote in a post on X. A growing number of Indian startups, particularly in the fintech sector, are preparing to relocate their overseas holding entities to India in a bid to align with evolving local regulations, and to pursue domestic stock listings.