India, June 1 -- The 27-year-old founder of recently-acquired startup Fermion has revealed that he has shifted base from Bengaluru to Dubai indefinitely. Mehul Mohan announced the move in an X post, but refused to reveal the reason behind the relocation.

"Earlier this week, I left Bangalore/India, moved to Dubai indefinitely. I can add reasons but I will skip because internet loves to lose nuance," he said.

The software developer and entrepreneur did clarify that the reasons for leaving India and moving to Dubai were not "financial". Dubai is often seen as an attractive option for immigrants due to the absence of personal income tax in the United Arab Emirates, coupled with low crime rates and modern infrastructure.

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