Startup Terminal
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • 40 Under 40 Award by Startup Terminal
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us
No Result
View All Result
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • 40 Under 40 Award by Startup Terminal
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us
No Result
View All Result
Startup Terminal
No Result
View All Result
Home Uncategorized

Indian Start-ups Likely to Be Hit Hard By Data Protection Bill: IAMAI

StartUp Terminal Bureau by StartUp Terminal Bureau
August 8, 2021
in Uncategorized
0
Indian Start-ups Likely to Be Hit Hard By Data Protection Bill: IAMAI
155
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Mumbai, India,
September 18, 2018 –
In a
recently organized stakeholder’s consultation, members of the Internet and
Mobile Association of India (IAMAI) raised concerns about the possible impact
of the Data Protection Bill on the Tech startup sector in India.

The first and most important concern
emanates from the insurmountable difficulty of collecting and processing
personal data proposed in the draft Bill. Restrictive clauses around purpose
limitation, storage limitation and collection limitation will make it very
difficult for startups and potential startups to get into the data
business.  Restrictive norms of consent
including “bearing the burden of proof of consent”, being responsible for the
correctness of the data collected will add to the difficulties of data
fiduciaries.

In addition, poorly defined benchmark
for “significant data fiduciaries” leaves the room wide open even for mid-sized
data companies the onerous burden of compliance such periodic data audit, data
protection impact assessments including permission from the proposed Data
Protection Authority for every new technology introduced.

Finally in case of accidental or
involuntary non-compliance with any of the provisions of the law invites heavy
fines which most of the startups are not in a position to pay and criminal charges
that are most undesirable.

IAMAI members point out that collection
and processing of first hand data for monetization is the only lifeline for
startups. Such data is also critical for analyzing customer preference and
response, designing and fine-tuning services, identifying key revenue streams,
targeted marketing and promotion.

In the new regime, the absence of
avenues to collect primary data from users, startups would be forced to depend
on incumbent businesses for ‘anonymized data’ that does not come within the
ambit of this Bill. Incumbents may refuse to share data with potential
competitors, or demand premium price for anonymized data products. Going
forward, such incumbents can become the gatekeepers to the tech sector. This
does not augur well for a competitive space required to promote tech startups.

Some other members of the association
who are mid-sized startups with ambitions to expand in overseas market feared
that their plans may be scuttled by the provisions of data localization. Other
countries where they are expanding may retaliate by demanding reciprocal data
localization. Data localization also forces Indian startups to look for more
expensive and inefficient local solutions.

On the whole, with ease of doing business
being still relatively difficult for startups; creation of an additional and
complex regulator in the form of Data Protection Authority with ill defined
mandate will make things much more difficult for Indian tech startups.

Tags: NewsReportStartup News
StartUp Terminal Bureau

StartUp Terminal Bureau

Startup Terminal is a global news portal reporting news and analysis on technology, start-ups, and business-related news from all over the world. We exclusively feature entrepreneurs, startups, businesses, and technology companies to reach out to a wider audience. Contact us at editorial@startupterminal.com

Related Posts

How Singapore-based Likee is becoming a preferred destination for music and Bollywood biggies alike
Uncategorized

How Singapore-based Likee is becoming a preferred destination for music and Bollywood biggies alike

August 6, 2021
Friday Releases: Changing Face of Bollywood consumption
Uncategorized

Friday Releases: Changing Face of Bollywood consumption

February 12, 2022
Impact of COVID-19 Pandemic on Salon Industry
Uncategorized

Impact of COVID-19 Pandemic on Salon Industry

February 12, 2022
Next Post
mu Space affirms plan to develop IoT to support future 5G technology in Thailand

mu Space affirms plan to develop IoT to support future 5G technology in Thailand

WeWork Launches its Largest Hub in India, at Embassy Tech Village, Bengaluru

WeWork Launches its Largest Hub in India, at Embassy Tech Village, Bengaluru

Healthians launches its operations in Punjab; to hire 300

Healthians launches its operations in Punjab; to hire 300

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

101st Birth Anniversary of Dr Stya Paul Celebrated Virtually with Great Fervour

101st Birth Anniversary of Dr Stya Paul Celebrated Virtually with Great Fervour

5 years ago
World Environment Day Interview: Abhishek Taneja, Sutradhaar, EarthJust and Berry Clean

World Environment Day Interview: Abhishek Taneja, Sutradhaar, EarthJust and Berry Clean

5 years ago
Indian End to End Marketing Agency SoCheers Gung Ho to Global Expansion and Opportunities

Indian End to End Marketing Agency SoCheers Gung Ho to Global Expansion and Opportunities

8 years ago
MedBeat HealthConnect Plus, the AI powered app, launched for Clinics and Medical Community

MedBeat HealthConnect Plus, the AI powered app, launched for Clinics and Medical Community

2 years ago
JFrog Names Sagi Dudai EVP of Product and Engineering

JFrog Names Sagi Dudai EVP of Product and Engineering

4 years ago
No Result
View All Result

Must Read

Arab Aviation Summit 2025 Brings Industry Leaders Together Reinforcing Saudi Arabia’s Role as a Global Aviation Hub

Eire Gulf Appoints Saeed Rehman as Head of Pre-Contract

How to Align Promotional Products with Your Audience

Managing bereavement in the workplace

NLB Services invests in Jagdish Mitra’s industry-first GenAI IP-powered SaaS services venture Humanize

Strategic Staffing: Optimising Performance with Full-Time Remote Teams

Trending

KMH Events Rebrands to KMH Dubai as its Services Expand to Encompass Full Brand Support
News

KMH Events Rebrands to KMH Dubai as its Services Expand to Encompass Full Brand Support

by StartUp Terminal Bureau
May 15, 2025
0

Dubai, May 15, 2025: KMH Events, founded by entrepreneur Kelly Marie Hodgkin, has rebranded as KMH Dubai,...

Manifest Brings Instant, Legal Access to $35 Trillion U.S. Property Equity Market for Indian Investors

Manifest Brings Instant, Legal Access to $35 Trillion U.S. Property Equity Market for Indian Investors

May 8, 2025
Felicity Games Secures $3M to Redefine Global Game Publishing from India

Felicity Games Secures $3M to Redefine Global Game Publishing from India

March 11, 2025
Arab Aviation Summit 2025 Brings Industry Leaders Together Reinforcing Saudi Arabia’s Role as a Global Aviation Hub

Arab Aviation Summit 2025 Brings Industry Leaders Together Reinforcing Saudi Arabia’s Role as a Global Aviation Hub

February 9, 2025
Eire Gulf appoints Saeed Rehman as Head of Pre-Contract

Eire Gulf Appoints Saeed Rehman as Head of Pre-Contract

February 9, 2025
Startup Terminal Logo

Startup Terminal is a global news portal for Technology, Startups, and Businesses. Reporting on technology, start-ups, and business-related news from all over the world. We exclusively feature startups, and technology companies to reach out to a wider audience.
Startup Terminal is an official media partner at global conferences like:
#Mobile World Congress 4YFN,
#Barcelona, Spain
#ConnecTechAsia, Singapore (Formerly CommunicAsia)
#NXTAsia, Singapore
#Africa Com, Cape Town, South Africa
#Converge Events, Singapore
#young Startup Ventures, USA

Follow us on social media:

Recent News

  • KMH Events Rebrands to KMH Dubai as its Services Expand to Encompass Full Brand Support May 15, 2025
  • Manifest Brings Instant, Legal Access to $35 Trillion U.S. Property Equity Market for Indian Investors May 8, 2025
  • Felicity Games Secures $3M to Redefine Global Game Publishing from India March 11, 2025
  • Arab Aviation Summit 2025 Brings Industry Leaders Together Reinforcing Saudi Arabia’s Role as a Global Aviation Hub February 9, 2025
  • Eire Gulf Appoints Saeed Rehman as Head of Pre-Contract February 9, 2025
  • How to Align Promotional Products with Your Audience November 5, 2024
  • Managing bereavement in the workplace September 24, 2024
  • NLB Services invests in Jagdish Mitra’s industry-first GenAI IP-powered SaaS services venture Humanize August 21, 2024

Readers’ Choice

  • Aneesha Dalal, SHIAMAK Dance Academy

    Interview: Aneesha Dalal, Master Instructor and Principal Dancer at The SHIAMAK Dance Academy

    380 shares
    Share 152 Tweet 95
  • International Women’s Day Interview: Arpita Mehta, Fashion Designer

    348 shares
    Share 139 Tweet 87

© 2023 Startup Terminal - Leading digital news portal-Startup Terminal | All Rights Reserved.

No Result
View All Result
  • News
    • Technology
    • Funding
    • Tie-up
    • Acquisition
    • Australia Startup News
    • Singapore Startup News
    • India Startup News
    • UAE Startup News
    • UK Startup News
    • US Startup News
    • Launch
    • Video
  • Interview
  • Feature
  • Events
  • Variety
    • 40 Under 40 Award by Startup Terminal
  • Privacy Policy
  • Refund and Cancellation policy
    • Terms and Conditions
  • Contact Us

© 2023 Startup Terminal - Leading digital news portal-Startup Terminal | All Rights Reserved.