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What do start-ups expect from govt, regulators amid crises at Byju's and Paytm?

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What do start-ups expect from govt, regulators amid crises at Byju's and Paytm?

Byju's and Paytm, two of India's leading unicorns, are facing internal issues and regulatory challenges that are impacting the country's startup ecosystem. Paytm's founder, Vijay Shekhar Sharma, has resigned from the board of Paytm Payments Bank after facing regulatory limits imposed by the Reserve Bank of India. Byju's, on the other hand, is dealing with legal challenges, including allegations of oppression and mismanagement by some investors. Industry stakeholders are calling for a more supportive regulatory environment and legislation to support the growth of large startups. The National Start-up Advisory Council is seen as a potential bridge between the government and the tech sector to shape the ecosystem and provide support to startups.

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