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About Basiz

Basiz, a knowledge process outsourcing (KPO) provider with offices in Chennai, Mumbai and Dubai, offers investment accounting services for mutual, hedge and private equity funds.

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Latest Basiz News

After FM’s Tax Sops, True Beacon, Kedaara Capital & Basiz To Set Up Investment Funds In GIFT City

Mar 19, 2021

The development comes after Finance Minister Nirmala Sitharaman, during this year’s Union Budget, announced tax incentives for certain units under the IFSC in the Ahmedabad-based GIFT City. The GIFT IFSC was operationalised in April that year, and a competitive tax regime was provided to the same during the Union Budget in 2016. In the following years, tax incentives were announced for alternative investment funds (AIFs) to be set up in GIFT IFSC. The FM’s recent announcement is expected to encourage offshore Indian funds registered in tax-friendly jurisdictions such as Singapore, Ireland and Mauritius to transfer their funds to Indian entities registered in GIFT IFSC. An earlier Inc42 story titled “Will A Mint-Fresh Fintech Hub Boost GIFT City, PM Modi’s Dream Project?” examined the chequered past of the SEZ city, the key potential areas and whether the planned fintech park in the city is doomed to fail.

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Basiz Frequently Asked Questions (FAQ)

  • What is Basiz's latest funding round?

    Basiz's latest funding round is Other Investors.

  • Who are the investors of Basiz?

    Investors of Basiz include Kalaari Capital.

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