Business Standard

Start-ups seek separate data policy, don't want to be part of e-commerce

Under the e-com policy, a number of proposals are around data protection and storing data onshore

Would the tech industry be struggling with gender and race discrimination if the investors funding it were a little less homogeneous? (Photo: istock)
Premium

Representative Image

Karan Choudhury Bengaluru
With the government planning to secure all data related to finance and e-commerce in India, many start-ups fear that the Centre may also bring them into the e-commerce fold.

This, in turn, would make it impossible for them to process data abroad, according to LocalCircles, a social media and citizen engagement platform.

Under the much-awaited e-commerce policy, a number of proposals are around data protection and storing data onshore. The proposals are aimed at online e-commerce players, foreign banks and fintech firms for storing and processing all data in India. 

Start-ups fear that a blanket policy would affect smaller firms which need to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in