Why did Mehul Mohan leave India: Did 27-year-old Indian startup founder Mehul Mohan really leave India? After all, why did he choose Dubai as his new destination after selling the company? Was he disappointed with India’s system? Know the whole story behind shifting from Bengaluru to Dubai.
Entrepreneur leaves India for Dubai: Another shocking news has emerged from India’s rapidly emerging startup ecosystem. Young entrepreneur Mehul Mohan, who sold his tech company at the age of just 27, has decided to leave India and settle in Dubai. The special thing is that he has made it clear that this decision was not taken to save money or tax, but there are some reasons behind it on which he does not want to talk much publicly. This decision of Mehul has started a new debate on social media. What happened that a successful Indian startup founder decided to leave Bengaluru and make Dubai his new home?
Announced on X, but refused to give reason
Mehul Mohan told on social media platform X that he has recently left Bangalore and India and shifted to Dubai and currently plans to stay there indefinitely. He said that he could share the entire reason behind this decision, but people often misinterpret things on the internet, so he did not tell anything in detail. However, he definitely indicated that he was disappointed and tired to a great extent with the current system and system of India.
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‘It was not an economic decision’
Dubai is often known for its tax-free income, good infrastructure and safe environment. In such a situation, many people believed that perhaps Mehul’s decision would also be related to financial benefits. But Mehul dismissed the notion, saying that he did not have any major crypto assets or huge funds and that his move was not motivated by purely financial reasons. He said that he was feeling quite ‘burned out’ from the Indian system and this was one of the reasons that led him to the decision to leave the country.
America was also an option, but chose Dubai
Mehul revealed that he had also looked at San Francisco, USA as a possible option. Silicon Valley is still counted among the biggest centers in the world to pursue a career in the tech industry. Despite this, he gave up the idea of going to America and finally made Dubai his new destination. He says that he hopes that UAE will become his permanent home in the future.
New beginning after selling startup
Mehul Mohan has recently completely exited his startup company Fermion. He told that his company has been acquired by Chennai based software company Testpress. However, the financial terms of the deal have not been made public. In a YouTube video, Mehul said that after his exit from the company, he wants to take a break for some time so that he can decide in which direction to work further. According to him, it is a clean exit and now he will consider new opportunities.
Now preparing for golden visa
Mehul is currently living in Dubai on resident visa. He told that in the coming time he will try to get the golden visa of UAE. The Golden Visa is a special arrangement of the UAE, under which eligible people are allowed to live and work in the country for a long period.
Will the family also go to Dubai?
When asked on social media whether he was planning to take his parents to Dubai too, he replied in the affirmative. He told that his mother is currently working and she does not want to leave the job midway. But he plans to bring the family to Dubai in the future.
Why is this decision in discussion?
The number of professionals and entrepreneurs moving from India to Dubai has increased rapidly over the last few years. Dubai has become one of the favorite destinations for Indian entrepreneurs due to its better lifestyle, business-friendly environment, global connectivity and easy business processes. At such a time, a young Indian startup founder publicly saying that he is tired of India’s system is making this decision even more a topic of discussion. This is the reason why this step of Mehul Mohan is not just a personal decision but has also become a new issue of debate for the Indian startup ecosystem.