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CCPA Slaps Fine On PhysicsWallah Over Dark Pattern Violations
Sourced report
inc42.com5 months ago

CCPA Slaps Fine On PhysicsWallah Over Dark Pattern Violations

CCPA imposed a penalty of ₹5 Lakh on PhysicsWallah for using dark patterns on its platform, including a pre-selected donation option through which it collected about ₹2.47 Cr from

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SC Proposes Complete Ban On AI-Driven Adjudication
Sourced report
inc42.com5 months ago

SC Proposes Complete Ban On AI-Driven Adjudication

The Supreme Court has issued a draft framework on the use of AI in the Indian judiciary, ensuring it remains strictly assistive and does not replace human judicial decision-making

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Ola Electric Closes QIP By Issuing Shares At ₹35.86 Apiece
Sourced report
inc42.com5 months ago

Ola Electric Closes QIP By Issuing Shares At ₹35.86 Apiece

Ola Electric has closed its qualified institutional placement (QIP) fund raise, approving the allotment of 21.75 Cr equity shares at an issue price of ₹35.86 per share This implies

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Peak XV Partners Offloads Go Digit Shares Worth ₹100 Cr
Sourced report
inc42.com5 months ago

Peak XV Partners Offloads Go Digit Shares Worth ₹100 Cr

As per NSE data, the investment giant sold the shares at ₹300 apiece via an open-market transaction to rake in the amount Aditya Birla Sunlife Mutual Fund bought 21.7 Lakh shares w

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Pine Labs-Owned Setu’s Cofounder Nikhil Kumar Steps Down
Sourced report
inc42.com5 months ago

Pine Labs-Owned Setu’s Cofounder Nikhil Kumar Steps Down

There appears to be no clarity on what the outgoing cofounder plans to do next Before incorporating Setu in 2018, Kumar previously also cofounded customer feedback platform Voyce,

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