“In a diverse market like India, key is to match right-priced borrower risk to investor/lender risk.” -Fintech Founder (State of India Fintech Union 2022) Matchmaking. That’s what Indian fintech does best. Matching the right borrower with the right lender. RBI’s new digital lending guidelines aim to rid fintech matchmaking from meddlesome interlopers. Or, at theRead more
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Milton Friedman said, “One of the great mistakes is to judge policies and programs by their intentions rather than their results”. In this edition, we discuss the proposed Digital India Act, spectrum allocation, and other evolving policy pieces on data, OTT apps, online content, gaming and competition. Let’s go! On the anvil: a digital lawRead more
“This is an outstanding accomplishment. It indicates the collective resolve of the people of India to embrace new technologies and make the economy cleaner.” – PM Modi That’s PM Modi lauding UPI crossing 6 billion transactions in July. Like any icon, UPI has gained its share of admiration and envy. Last month, we intercepted aRead more
Here’s a 5-minute lowdown of what’s happened since the last time we spoke to you. Et tu, Twitter? Legally blown: Earlier in July, Twitter challenged the content takedown orders issued to it by the IT Ministry in the High Court of Karnataka. The case has been admitted by the High Court and will be nextRead more
“The power and beauty of physical laws is that they apply everywhere, whether or not you choose to believe in them. In other words, after the laws of physics, everything else is opinion.” Neil DeGrasse Tyson, Astrophysics for People in a Hurry The law of gravity guides planets, asteroids, and comets in their orbit aroundRead more
Before we begin, we’re delighted to share that our data and cyber security, fintech, policy and regulation, sports and gaming, and technology and telecom practices have been awarded by the India Business Law Journal. One of our clients said, “Being an early-stage crypto startup, there are very few law firms who can help you navigateRead more
“I don’t debate the poor on Twitter” – Do Kwon, Creator of Terra My Twitter feed has been chirping with TerraUSD’s (UST) death spiral and its (arguably failed) revival plans. If it weren’t for Twitter, or the many thousands who burnt their fingers (uhm, savings) investing in UST, I probably wouldn’t have tracked UST. IRead more
In this edition, we bring you the latest on cybersecurity, data privacy, crypto, online gaming and 5G. The uncertainty of CERT-In guidelines In April 2022, the Indian Computer Emergency Response Team (CERT-In) released directions for prevention, response and reporting of cyber incidents (Directions), which will be effective from 26 June 2022. Recap: The Directions willRead more
“Lending is a feature. Not a product. Almost all and any distribution platforms with unique and rich datasets can unlock lending and win big.” Kunal Shah, on Twitter A fintech entrepreneur walks into a bar. “Hey, what can I get you today?” asks the bartender. The entrepreneur smiles, “I’ll have my usual – a Dataquiri.”Read more
In this edition, we bring you the tug of war between telecom and satellite operators for 5G spectrum. Also uncovering – Tamil Nadu’s data policy for good governance, the National Restaurants Association’s spat with Swiggy and Zomato, and more! 5G by the end of the year? The Telecom Regulatory Authority of India (TRAI) recently releasedRead more