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    Home»Local News»Indian startups fret over court ruling on taxing Mauritius investments
    Local News

    Indian startups fret over court ruling on taxing Mauritius investments

    EchoAsiaNewsBy EchoAsiaNewsJanuary 23, 2026No Comments1 Min Read
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    Startups

    Supreme court ruling that Tiger Global share sale evaded taxes spooks investors

    20260123 Supreme Court of India

    Last week, India’s top court ruled that Tiger Global’s $1.6 billion sale of its stake in ecommerce company Flipkart, made to Walmart through the former’s Mauritius-based subsidiaries in 2018, would not benefit from tax exemptions under an India-Mauritius tax treaty. © Getty Images

    SOUMYAJIT SAHA

    January 23, 2026 18:46 JST

    MUMBAI — After India’s top court last week ruled that investor Tiger Global’s use of Mauritius-based entities in a 2018 share sale constituted a tax evasion move, investors in the country’s burgeoning startup ecosystem are awaiting further clarity on what has been the largest route for foreign funds into India.



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    Civilian Posthumously Awarded Sitara-e-Shujaat for Stopping Suicide Bomber Near Kohat

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