<ul data-eligibleForWebStory="true"><li>India’s ride-hailing giants Ola and Uber face regulatory challenges in Goa and Karnataka, impacting their operations.</li><li>Ongoing disputes include new rules requiring a license and local presence, ban on bike taxis in Karnataka, and rising competition.</li><li>Struggles with pricing, driver unions, and government investigations add to Ola and Uber's woes in the market.</li><li>In contrast, Indian startups saw a funding surge with $567.5 Mn raised, led by Groww and Spinny in the latest funding rounds.</li><li>However, tech stocks faced losses, Zepto's warehouse ban was lifted, and tax officials are scrutinizing crypto-related tax evasion.</li><li>Startup IPO filings are on the rise, while Rakesh Jhunjhunwala's estate exits Nazara and government considers EV localisation changes.</li><li>Bootstrapped Reelies and altM's cleantech startup are making waves in the industry with new offerings and market expansions.</li><li>From regulatory hurdles to funding heights, the Indian business ecosystem showcases a mixed landscape of challenges and opportunities.</li></ul>

Ride-Hailing In Stress, Startup Funding Explodes & More

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