Explanation:

Both statements are correct.

• Reverse flipping is the process of shifting the domicile of an Indian company back to India after it had moved its headquarters overseas, usually for tax or regulatory reasons. It is also known as ‘re-domiciling’.

• Reverse flipping has become a trend among Indian startups, especially in the fintech sector, as they plan for Initial Public Offers (IPOs) or seek long-term benefits in the home market.

• This strategic move is fuelled by India's flourishing economy, a huge market, promising venture capital, favorable tax structures, robust intellectual property protection, young and educated population and supportive government policies.

Hence option 3rd is correct.