Decision Point – MoF could also allow companies registered in India to make an initial public offer on exchanges outside India without or before listing in India, as was the case earlier.

Supporting Points – Indian start-ups require significant funding to scale themselves to serve global customers. Opening-up the doors of equity fund raising from across the globe will widen their scope. We do not want Indian Start-ups to have Head Quarters outside India to keep the option of raising funds globally with them.