New Data Protection Law & it’s Impact on EdTech
Check with seller
Published date: April 19, 2024
- Location: New Delhi, West Delhi, Delhi, India
In India, the EdTech industry has grown rapidly in the last several years. Some believe that this is just the beginning and that there is much more to come. Byju’s, an Indian start-up valued at USD 18 billion, is the most valuable Indian start-up to date, according to the most recent figures. This year has seen a large number of educational technology start-ups become Unicorns. According to this data, India’s educational technology market is growing rapidly. As a result of the epidemic, educational technology (particularly online learning platforms) grew at an astronomical rate.
Businesses in the EdTech sector are exempt from education rules since their primary focus is on technology. In other words, this does not mean that they operate in an unregulated environment. In addition, there are other more laws that they must follow. Data protection laws in India include the Information Technology Act, 2000 (IT Act), the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Regulations, 2011, as well as other similar regulations. India’s current data protection system is likely to be radically altered by the Personal Data Protection Bill (PDP Bill), which has not yet become law.
Businesses in the EdTech sector are exempt from education rules since their primary focus is on technology. In other words, this does not mean that they operate in an unregulated environment. In addition, there are other more laws that they must follow. Data protection laws in India include the Information Technology Act, 2000 (IT Act), the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Regulations, 2011, as well as other similar regulations. India’s current data protection system is likely to be radically altered by the Personal Data Protection Bill (PDP Bill), which has not yet become law.
Related listings
-
Legal Advice on Employment Documentation110058.00 US$Legal Services West Delhi (Delhi) April 19, 2024Foreign investors are more inclined to invest in nations with strong competitiveness metrics, including human resource competence, natural resource endowment, market possibilities, and per capita incomes. Because future high-growth industries, like i... -
Legal Advice on Employment DocumentationCheck with sellerLegal Services West Delhi (Delhi) April 19, 2024Foreign investors are more inclined to invest in nations with strong competitiveness metrics, including human resource competence, natural resource endowment, market possibilities, and per capita incomes. Because future high-growth industries, like i... -
Legal Compliances for Foreign Direct InvestmentsCheck with sellerLegal Services West Delhi (Delhi) April 19, 2024In India, foreign investment is controlled by the Government of India’s FDI policy and the requirements as provided in the Foreign Exchange Management Act (FEMA) 1999. The Reserve Bank published a Notification No. FEMA 20/2000-RB, including the relev...
Check with seller
Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"