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2 September 2024

Safir Anand, Ritu Bhargava Speak To IBLJ On Why India's Unicorns Choosing Foreign Shores

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Anand & Anand

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Key practice areas: IP, Patent, Trademarks, Copyright, Litigation, data protection; healthcare & pharmaceuticals; licensing & franchising; technology, media and telecommunications; customs, white-collar crime About Us: Anand and Anand is a pre-eminent full-service Intellectual Property law firm based in New Delhi, India. Founded in 1923, the firm works with leading businesses, brands, institutions, and personalities across the globe for their intellectual property needs. The firm offers full range of legal services for acquisition, commercialization, building of IP portfolios and enforcement of intellectual property rights in the areas of patents, designs, trademark, copyrights, trade secrets, domain names, geographical indications, data privacy, and more. Ranked highly on leading benchmarking tables, the firm has been instrumental in paving the way for a stronger IP regime in India and is committed to pushing the envelope when it comes to change in substantive and procedural law, and helping clients monetize
Senior Partner Safir Anand and Lead Managing Associate Ritu Bhargava, explain to Aditya Rangroo of India Business Law Journal (IBLJ) why India's best startups have chosen foreign shores and whether it's possible to stem...
India Tax

Senior Partner Safir Anand and Lead Managing Associate Ritu Bhargava, explain to Aditya Rangroo of India Business Law Journal (IBLJ) why India's best startups have chosen foreign shores and whether it's possible to stem this outflow.

"India's regulatory landscape is improving but still has challenges in bureaucratic procedures, stringent compliance requirements, and inconsistent policy implementation. In contrast, countries like Singapore, the US, and the UK offer more business-friendly environments with streamlined regulatory processes, better IP protections, and favourable tax regimes, allowing startups to focus on innovation and growth," Anand and Bhargava share in the IBLJ article titled 'Why India's Unicorns Have Bolted'.

Anand and Bhargava say ease of access to venture capital is another reason that countries like the US, particularly Silicon Valley, attract investors with a high-risk appetite for new technologies and innovative business models. They say an international domicile "enhances a startup's credibility and attractiveness to global investors.

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