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HomeNewsBusinessStartupThe cost of Y Combinator backing? Meesho, Razorpay, Groww to cumulatively pay $600 million in taxes
Meesho, Groww and Razorpay are among a wave of Indian startups unwinding US-based corporate structures to meet regulatory norms and list locally here in India.
June 17, 2025 / 11:39 IST
The hefty tax payouts stem from what industry stakeholders now describe as a costly detour, driven by a mix of Silicon Valley allure, VC nudges, and Y Combinator’s own terms.
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