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Why Indian Startups are establishing a base in Singapore

By Lee Kah WhyeSingapore, October 31 (ANI): Earlier this month, Flipkart-backed Indian payments service company PhonePe announced that it had completed the move of its headquarters from Singapore to India. Indian e-commerce giant Flipkart is a subsidiary of American supermarket behemoth Walmart which bought a 77 per cent stake in the company in 2018.
This is a rather unusual move as many Indian startups are doing the reve