XED Executive Development

Invest in the first GIFT City IPO

USD denominated IPO exclusively for NRIs and OCIs

No Indian bank/PIS account required

No capital gains tax in India

No PFIC taxation for US investors

IPO opportunity
Available on
Regulated by
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XED

XED Executive Development Limited IPO

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Sector: Education
IPO Open Date: 16 Mar 2026
Minimum bid: $1,000

XED Executive Development Limited is a global executive education and up-skilling company focused on leadership and CXO-level training for senior professionals (10+ years experience).

The company designs and delivers live, high-touch executive programs in partnership with reputed international universities like Oxford, Cornell, Michigan Ross, etc serving both corporates (B2B) and individual professionals (B2C) across India, the Middle East and other global markets.

It operates an asset-light, partnership-driven model in the executive education segment rather than mass online courses.

Listing ExchangeNSE IX & Indian INX, GIFT City
Price Range$10 - $10.5
Issue SizeUp to $12mn
Eligible investorsNRIs, OCIs and other foreign nationals

XED Financials

Red herring prospectus (RHP) document

IPO Investing made easy for NRIs

UPI IPO application

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100% digital

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Directly from your foreign account or NRE/NRO account

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Regulated under IFSCA, GIFT CityIFSCA logo representing India’s GIFT City financial regulator and Belong is regulated under IFSCA

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Savings & investments for global Indians

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Money talks,

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From Gujarat to Oxford’s EdTech partner - XED’s IPO Story

From Gujarat to Oxford’s EdTech partner - XED’s IPO Story

Everything an NRI Should Know About GIFT City

Everything an NRI Should Know About GIFT City

GIFT City USD Investments for NRIs

GIFT City USD Investments for NRIs

About Belong

Who are we?

Belong is a one-stop financial app for NRIs to save and invest in India seamlessly via GIFT City

Our products and services

1. Mutual Fund: Tata India Dynamic Equity Fund is the first retail inbound mutual fund for NRIs from GIFT City in collaboration with Tata AMC.

2. USD Fixed Deposits: High-interest USD-based Fixed Deposit in partnership with a GIFT City-based Indian bank.

3. NRI Tax Filing: File your Indian income tax (ITR) as an NRI with expert CAs. No NRI markup, clear pricing starting from ₹2,000.

Features of the Belong products:

  • Tax-free in India and does not require filing ITR in India
  • Easy withdrawals to your foreign bank account
  • No new NRE/NRO bank account needed

How does the Belong app work?

  • A 5-minute paperless onboarding on the Belong app
  • E-sign your account opening form
  • Transfer money from your overseas bank account to save and invest

Our Tools – Smart Financial Tools Built for NRIs

Belong helps NRIs to make smarter financial decisions. We have built a suite of tools specifically for Non-Resident Indians (NRIs) to make tax planning, investment comparison, and compliance easier.

1. NRI Fixed Deposit (FD) Comparison Tool

The NRI FD comparison tool helps NRIs compare various FD rates across NRE, NRO, FCNR and GIFT City fixed deposits offered by leading Indian banks such as HDFC Bank, ICICI Bank, SBI Bank, Axis Bank and many more at a glance.

2. Residential Status Calculator

Use our Residential Status Calculator to easily determine your income tax classification in India. Whether you're a Resident, Non-Resident Indian (NRI) or Resident but Not Ordinarily Resident (RNOR), knowing your correct status is essential for accurate tax filing. This tool helps you know your status with a few quick questions, helping you stay compliant with Indian tax laws.

3. Compliance Compass

Stay on top of your financial compliance in India with Belong’s Compliance Compass, a quick and easy tool designed for NRIs, RNORs, and OCI holders to check whether they are following all the necessary rules across banking, investments and taxation.

4. GIFT Nifty Live Tracker

A tool designed to track the GIFT Nifty index in real-time, reflecting the performance of Indian equity markets. With over 20 hours of market activity each day, this tracker provides global investors with continuous insights into the Indian stock market, making it an essential tool for monitoring market trends and making informed investment decisions.

5. NRI Rent TDS Calculator

This tool helps Resident Indians quickly calculate the TDS on rent paid to NRIs . You simply enter the monthly rent, and it takes care of the rest. It also includes helpful guidance on how to deduct TDS and file TDS returns.

6. Rupee vs Dollar Tracker

Use our Rupee vs Dollar Tracker to track daily-updated exchange rates and analyse historical trends across different timeframes, making smarter investment decisions. This tool helps you to understand why more global Indians are turning to USD-denominated assets.

7. Explore Alternative Investment Funds (AIFs)

This tool helps NRIs explore the Alternative Investment Funds (AIFs) in GIFT City and compare returns and risks to find the best options to invest.

What are the other products in the pipeline?

In the future, Belong will offer other financial products to NRIs such as foreign currency savings accounts, credit cards, mutual funds and stocks.

Why choose Belong?

  • It was started by fintech experts with more than 15 years of experience in the field.
  • It is built solely for NRIs keeping their unique challenges and requirements in mind.
  • Belong itself, and all products offered/to be offered on Belong, are regulated by trusted Indian regulators. We are licensed and regulated by the International Financial Services Centres Authority (IFSCA), GIFT City.
  • It’s operated by Betafront Technologies Pvt. Ltd. through its subsidiaries – Betafront Financial Services (IFSC) Pvt. Ltd., which is a licensed Payment Services Provider (PSP), and Betafront Securities (IFSC) Pvt. Ltd., a licensed Broker and Distributor.

© Copyright 2024-2026 Betafront Technologies Pvt. Ltd.

Belong app is operated by Betafront Technologies Pvt Ltd and its subsidiaries, Betafront Financial Services (IFSC) Private Limited which is a licensed Payments Services Provider (PSP) and Betafront Securities (IFSC) Private Limited which is a license Broker and Distributor under International Financial Services Centres Authority (IFSCA) in GIFT City.

USD fixed deposits on the Belong app are by branches of trusted India banks present in GIFT City. These banks are regulated by IFSCA in GIFT City as well as by RBI.

Interest rates are provided by our bank partners. Estimates for time periods greater than 1 year are based on reinvestment at current rates.

Mutual Funds and AIFs are provided by respective Fund Management Entities (FMEs) present in GIFT City. These FMEs are regulated by IFSCA (similar to AMCs being regulated by SEBI in onshore India).

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