<ul><li>Fintech major Razorpay has completed the reverse flip of its parent company's domicile from the US to India to align with its IPO plans.</li><li>The restructuring was approved by the Ministry of Corporate Affairs, allowing Razorpay to make India its global headquarters.</li><li>Co-founder Shashank Kumar mentioned that the move signifies Razorpay's belief in building for India and focusing on the Indian market.</li><li>Razorpay aims for profitability by 2026, has raised $742 million in equity capital, and processes $180 billion in gross merchandise value annually.</li></ul>

Razorpay completes reverse flip from US to India; founder says, 'Dream to build for India'

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