Technology Startups: Quarterly Update on Legal And Regulatory Updates

The tech industry in India has been growing at a rapid pace, attracting significant interest and attention of global investors. Growth in adoption of digital services has resulted in a major shift in consumer behaviour, traditional industrial activities and relationships between different players in the economy. For the last two decades, regulators across the globe have been grappling with issues arising out of these changes and their impact on the interests of consumers and workforce. In 2020, there have been some interesting developments in the legal and regulatory regime in India concerning the tech industry and more particularly tech startups. We are sharing some of the key regulatory updates in this space that have occurred in the last quarter of 2020.