The India Human Rights Impact Assessment report was an important element of Facebook human rights due diligence and—at a minimum—should be made public, the group says in a letter to Facebook’s director of human rights.
Tata Consultancy Services (TCS) is positioning itself to provide apps and platforms that can integrate with the India Stack and provide solutions to customers across government, industry and even B2C, COO N Ganapathy Subramaniam says.
While most of the customers (median) were in the 23-26 years group, BNPL emerged as the preferred option for people across age groups with the youngest customer being 18 years old and the oldest at 66. The number of millennial and GenZ customer base increased by 2X and 3X respectively, indicating that the BNPL segment has been driven by young cohorts in India in line with the global trend.
The combination of rupee and dollar capital was entirely raised from high net-worth individuals and family offices from India and abroad. The remaining amount will be raised from institutional investors.
The company, which was offering its platform to independent professionals for launching their businesses online, could not find the right product-market fit and the founders did not agree to pivot its business model.
Indian Private Equity and Venture Capital Association proposes a new definition for startups in a note to the government ahead of the Union Budget 2022-23, where it also reiterated some older demands like direct overseas listing.
Apart from demand for workforce in deliveries, related roles like warehouse management and customer support services have also surged across India.