SEBI allows Startups to test Fintech innovations on live market investors
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SEBI on Friday rolled out a circular to pave way for financial innovations in stock exchanges through regulatory sandboxes. In the notification, the markets regulator laid the norms for fintech startups on how they can test, without hassles of registering in a controlled environment, on actual customers for promoting innovations. Earlier, SEBI only allowed startups to test their solutions in an offline environment.