BENGALURU: A mass exodus of tech startups is expected this year as an increasing number of young ventures shifts overseas in search of investors and a better regulatory environment and facilities unless the government takes steps to reverse the trend.A software product industry think tank estimates that as many as 75% of new technology startup firms, ranging from data analytics, mobility and security to cloud that intend to raise seed or venture capital will be domiciled outside the country."If we also raise next round of funding, we would also be pushed to move base to Singapore," Shivakumar Ganesan, co-founder of cloud telephony startup Exotel, said at an event in Bengaluru. Competitor Knowlarity has already moved to Singapore.Considering we are in India, selling and building in India, I don't see why I should be breaking my head to move to Singapore, Hong Kong or other such places," said Ganesan.Ganesan will be part of a wave of entrepreneurs looking to relocate their tech startups in countries such as Singapore, the UK and the US as the regulatory environment in India makes it difficult for raising funds, mergers & acquisitions and tax-related issues. "Yes, there is an exodus taking place. In 2015, it is projected that three of four new technology startups that focus on the global market and plan to raise seed or venture capital will be domiciled outside India," said Sharad Sharma , co-founder of iSPIRT (Indian Software Product Industry Roundtable), a think tank. "This is like the 18th century East India Company invasion. The enormous value that is being created in tech industry is leaving our shores."Nine of the top 30 business-to-business software product companies by market capitalization have already relocated to the US, Singapore and the UK, according to iSPIRT's first Software Product index (iSPIx), which tracks the growth of the industry. These 30 companies are worth about $6.2 billion (Rs 39,137 crore), employing almost 18,000 people, according to the index.Top Indian companies such as online retailer Flipkart and mobile advertising firm InMobi have re-domiciled to Singapore. Hungry for intellectual property, the government and investors in these countries are welcoming Indian tech companies with a red carpet.A Singapore-based investor even offered $100 million (Rs 632.7 crore) in funding and infrastructure costs for 10 years to InMobi on condition that it increases its decision sciences team from 25 to 200 in the island nation, according to a person with direct knowledge of the talks.