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Ikigai Law acted on Doxper’s US$4 million fund raise from Alkemi Ventures. [1] The round also saw participation from Rainforest Venture Network, existing investor growX Ventures and angel investors. Doxper provides a digital pen and encoded paper-based solution to helps doctors and hospitals automatically digitise health records. Since doctors continue to use pen and paper there is a ‘zeroRead more

The relatively young co-living industry in India is attracting sizeable investments from institutional investors and venture capital firms. Ikigai Law advised Stanza Living, that is focussed on student-accommodation, in its Series C fundraise from Falcoln Edge and repeat investors Sequoia, Matrix Partners and Accel. New York based Falcoln Edge was represented by Goodwin Proctor andRead more

Update for all players interested in the medical, pharmaceutical and/or health-tech industry. The Ministry of Health and Family Welfare has notified the New Drugs and Clinical Trial Rules, 2019 (“New Rules”). Prior to this notification clinical trials in India were governed by a scattered set of rules and guidelines mainly found under the Drugs and Cosmetic Act,Read more

There has been recent public uproar regarding levying of an extra charge in the name of ‘internet handling fee’ and caught in the midst of it are online digital merchants/service providers like Paytm, Bookmyshow and others. Generally a merchant has to pay a cost (which is linked to the value of sale) to the bankRead more

A recent interim order passed by the Delhi High Court in the matter of PVR Ltd. vs Just Dial Ltd may have grave implications for the business model followed by most aggregation platforms. Deep-linking, framing and content extraction practices undertaken typically by content aggregators may land them in to trouble. The way content aggregation platforms (takeRead more

The Union Cabinet approved[1] the National Policy on Software Products, 2019[2] (“Policy”) on 28.02.2019. The Policy aims “to develop India as a software product nation and a global leader in conception, design, development and production of software products.”[3] The Policy will be implemented by the Ministry of Electronics and Information Technology (“MeitY”)[4] in collaboration withRead more

  I. Preliminary The National Policy on Electronics 2019 (“Policy”)[1] was released by the Ministry of Electronics and Information Technology (“MeitY”)[2] on 25.02.2019. The Policy, which recognises the electronics industry as the “world’s largest and fastest growing industry”[3], seeks to “position India as a global hub for Electronics System Design and Manufacturing (“ESDM”) by […]Read more

The National Health Policy, 2017[1] (“Policy”) envisaged the creation of a digital health technology ecosystem, aiming to leverage the potential of digital health data. The advantages of such digitalization and the potential of technology can hardly be overlooked, yet the proposals in this policy essentially involve large-scale creation, collection and sharing of health data. AnRead more

In February 2017, Whatsapp had announced its plans to introduce a UPI-based payments service in India. Since then, a number of developments have taken place with respect to the payments service, including a discussion on privacy concerns surrounding the application’s use of customer data. This post provides a timeline of all the developments that haveRead more

Since 2016, the Telecom Regulatory Authority of India (“TRAI”) has been making concerted efforts towards improving access to internet in the country. This post provides a chronological overview of the steps taken by TRAI in this direction:   1. July 2016: TRAI initiates discussions on public Wi-Fi in India 1.1 On 13th July 2016, theRead more