New Delhi: Indian startups will soon be able to list directly in India and overseas as the government is at a fairly advanced stage of introducing the scheme.

We are also in believe that India's growth at 8 per cent can be sustained only with large-scale international funding coming into India.

"Several startups are planning to opt for an overseas direct listing.

The plan is to raise capital of four to five billion dollars from markets in London and New York.China has listed 150 companies overseas for 100 billion dollars which is worth one trillion dollars in Nasdaq NYSE .

A framework to list on overseas bourses could help Indian startups list in a jurisdiction of their choice.Most ecommerce companies prefer a listing on Nasdaq, a platform for technology companies in the United States, as it fetches better valuations. | To read full story, visit https://startuparound.com/read/1581683405.5775843/Startups-may-soon-get-to-list-directly-overseas:-FinMin?ref=audio_experience