Introduction A significant increase in medical research in India gives rise to the question – does transfer of genomic data from India require regulatory consent? India’s data protection framework is silent – and its health laws, while not so silent, do not comprehensively frame the process required for the transfer of genomic data. In summary, …
Cross-border transfers of genomic data: the Indian framework Read More »
Spice Route Legal assisted Foundamental on a pre-Series C investment into Indonesian Construction and Interior Design Platform, Dekoruma.The Investor Club included Foundamental, InterVest Star SEA Growth Fund 1, OCBC NISP Ventura, and Skystar. The existing investors of Dekoruma also participated in this round. The Investee company was represented by PHY Law Corporation, a regional law firm …
Spice Route Legal assisted Foundamental on its investment in Dekoruma Read More »
Zenfold Ventures LLP, an investment fund focussed on healthcare, nutraceuticals and chemicals, has invested in India’s leading biocatalysis application company, Iosynth Labs. The investment has been made with the aim of a strategic expansion of Iosynth by producing selected chemicals and intermediates using expertise in biocatalysis, fermentation, and chemistry. Iosynth offers bio-catalytic services and manufactures …
Spice Route Legal advised Zenfold Ventures on its investment into Iosynth Labs Read More »
INTRODUCTION The Supreme Court of the United Kingdom (“Supreme Court” or “Court”) in WM Morrison Supermarkets plc versus Various Claimants[1] was faced with the question on the vicarious liability of employers for a data breach committed by employees. While this question has not yet arisen under Indian law, given the Puttaswamy judgment[2] – we suspect …
Vicarious Liability for Data Breach: English Law Read More »
Spice Route Legal debuted on Benchmark Litigation’s ranking of leading IP Disputes Practices in Asia. The publisher singled out the Google v. Milaap decision, “where the firm represented crowdfunding platform Milaap against internet giant Google. Milaap claimed that Google was using its ad words search to direct its traffic to a competitor, Impact Guru. The …
Spice Route Legal debuts on Benchmark Litigation’s Asia-Pacific rankings Read More »
From “trust us, we will never enforce this clause!” to “let us retain one joint lawyer” or “this is market” or more sophisticated approaches like let us put in a small conversion cap (it hardly matters!), Venture Capital has a fairly standard playbook when it comes to squeezing an investee company. It is a common …
Our Data Protection and Privacy team is pleased to host a webinar for law students, on the “Impact of the new data law in India”. Aadya Misra and Purushotham Kittane will be leading you though the Personal Data Protection Bill, 2019. They hope to cover the following ground: An introduction to the functioning of the data …
Zenfold Ventures LLP, is a strategic investment and venture builder fund in the healthcare, specialty and fine chemicals, nutraceuticals and animal healthcare sectors. Esperer Onco is a nutraceutical company specialising in nutritional therapies for cancer patients. Onco nutrition is one of the critical complementary therapy for cancer patients and Esperer Onco has established a scientific …
Spice Route Legal advised Zenfold Ventures on its investment in Esperer Onco Nutrition Read More »
Bangalore based API infrastructure provider, Setu, raised USD 15 million from an investor club comprising of Lightspeed Ventures, Falcon Edge and Bharat Inclusion Seed Fund. Setu offers a unique API integration for fintech players to work closely with regulated entities like banks, NBFCs and others. This influx of funds will help the company expand its …
Spice Route Legal advised Setu on its USD 15 million Series A fundraise Read More »
Introduction The Reserve Bank of India (“RBI”) notified an amendment to the Know Your Customer (“KYC”) Master Direction 2016 (“KYC Directions”) on 9th January 2020. The amendment permits Digital KYC and Video based Customer Identification (“V-CIP”) as methods to verify a customer’s identity. Digital KYC To facilitate Customer Due Diligence (“CDD”) procedures, the RBI now …
Digital KYC and live video based customer identification process Read More »
