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AI Regulation, Middle Eastern Profits, IPO Rejig, Stricter EV Policy: Today's StartupChai

Govt. Officials Stress on Importance of AI, Urban Company eyes profitability in UAE, OYO sets to refile IPO papers and more including funding for Stanza Living and Battery Smart

Top leaders like CEA V Anantha Nageswaran stress the importance of AI, while Urban Company eyes profitability in the UAE. The government considers strict norms for investment in EVs, as Ola Electric explores chip manufacturing deals. Meanwhile, PB Fintech executives offload stakes worth a whopping ₹1,109 Cr, and OYO gears up to refile its IPO papers post-refinancing. Delhivery expands its ESOP pool, TRAI plans discussions on regulating OTT apps, and Apple vendor Foxlink rebounds with a new unit after a fire setback in Andhra.

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