🗞️ Recent Regulatory Developments 1. SEBI eases ESOP norms for founders and investors SEBI now allows startup founders to retain ESOPs even after IPO, and has simplified rules for existing investors in offer-for-sale components—removing key hurdles for IPO-bound startups like PhonePe, Zepto, Pine Labs, and Razorpay. Industry reaction: Founders describe it as “much-needed relief” that […]