Swiggy Membership 💳, Forgery Allegations 🧐, Dark Pattern Regulations 📝

Catch up on the latest in 🇮🇳 Indian 🇮🇳 startups and tech landscape - all in 5 minutes. [Newsletter Banner] Daily 🇮🇳 IndiaTech 🇮🇳 Roundup Welcome to today's edition of the NextBigWhat Daily IndiaTech News! Today's top stories include Swiggy's new membership, Pawan Munjal's forgery allegations, and India's proposed dark pattern regulations. 🤔 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Swiggy introduces ‘One Lite’ membership at Rs 99 🇮🇳 IndiaTech - Swiggy One Lite is a new and affordable version of Swiggy One – India’s only membership program offering benefits across various consumption verticals, including food, grocery, and pick-up and drop services. - Swiggy One Lite, which has been introduced at an initial price of Rs 99 for three months, offers various advantages including free deliveries, exclusive offers, and discounts. Hero MotoCorp chairman Pawan Munjal faces forgery allegations, Delhi Police files FIR 📈 India Business - Delhi Police has filed a first information report (FIR) against Pawan Munjal, chairman of Hero MotoCorp, for alleged forgery and fraud. - The case, unrelated to ongoing investigations and tax probes, dates back to before 2010. - In August, Munjal was part of a money laundering investigation, with raids conducted at premises in Delhi and Gurugram. Learn from the top 0.1% practitioners [NBW Newsletter Ad]( Learn how to start and scale with curated content and AI prompts! This course is for anyone who wants to start their own business or validate an existing business idea. [Enroll]( Pep secures $2.5 million in seed funding led by India Quotient 🇮🇳 IndiaTech - Pep, an online content marketplace, has raised $2.5 million in seed funding from India Quotient and other prominent investors. - The funds will be used for product development, user growth, branding, and hiring more staff. - Founded by IIT alumni, Pep provides a platform for live sessions, consultations, and purchase of digital content, with plans to launch an iOS app soon. Delhi High Court orders UIDAI to disclose grievance redressal agreements under RTI 🇮🇳 IndiaTech - The Delhi High Court has instructed the Identification Authority of India (UIDAI) to provide copies of all agreements with external organizations for handling grievance redressal under the Right to Information (RTI) Act. - The court’s decision came in response to a plea by Prashant Reddy, who was denied access to these agreements by the Central Information Commission (CIC). - The court emphasized that transparency is crucial for good governance and that non-disclosure agreements and party details can be redacted before making the copies available to an RTI applicant. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Indian government confirms 28% GST for online wagering games is not retrospective 🇮🇳 IndiaTech - The Indian government clarified that the 28% GST for online real money gaming companies is not retrospective, countering concerns raised by state governments. - The tax applies to both games of skill and chance, and was clarified by the GST Council in July. - This follows a Supreme Court challenge against a Karnataka High Court order favoring gaming company Gameskraft in a tax evasion case. RBI introduces enhanced card tokenisation method for improved consumer security 🇮🇳 IndiaTech - The Reserve Bank of India (RBI) has announced that debit and credit card tokenisation can now be done directly through the issuing bank’s website or app, providing a more secure method for consumers to create and manage their card tokens. - The new development allows users to create tokens for their card directly from their bank’s website or app and attach it to any merchant site, offering more control and security as card details don’t have to be shared with third-party merchants. - Since the card tokenisation policy was implemented last year, over 56 crore tokens have been created, facilitating transactions worth over ₹5 lakh crore, thereby improving transaction security and approval rate. US tech industry group criticizes India’s proposed dark pattern regulations 🇮🇳 IndiaTech - The Asia Internet Coalition, representing major tech companies, opposes India’s proposed guidelines against dark patterns, citing ‘regulatory overlap’ and potential harm to the digital economy. - The group suggests the current self-regulatory framework should be the primary measure to restrict dark patterns, and warns of uncertainty in compliance requirements due to overlapping regulations. - The coalition also recommends a buffer period between the publication and implementation of the rules, and protection for online intermediaries from responsibility for third-party dark patterns. September auto sales surge by 20%, festive season expected to boost further: FADA 📈 India Business - September auto sales grew by 20%, with all categories except tractors seeing an increase, according to the Federation of Automobile Dealers Associations (FADA). - Inventory for passenger vehicles has reached a 60-65 day threshold as dealers anticipate a robust 42-day festive period, with consistent demand for luxury cars and SUVs. - The two-wheeler category grew 2% for the first time, indicating a turnaround in rural markets and positive shifts ahead of the festive season. Indian insurtech startup Onsurity secures $24M in funding led by World Bank’s IFC 🇮🇳 IndiaTech - Onsurity, an Indian startup offering subscription-based insurance solutions to small and medium enterprises, has raised $24 million in a Series B round led by the World Bank’s International Finance Corporation. - The startup aims to fill the insurance gap for Indian businesses, offering a range of services including health checkups, fitness memberships, and cyber risk insurance. - With the new funding, Onsurity plans to expand its customer base, invest in technology, and build an AI engine to propose specific products to SME customers based on their risks. India’s MeitY orders YouTube, X, and Telegram to eliminate child abuse content 🇮🇳 IndiaTech - MeitY has issued notices to social media platforms YouTube, X, and Telegram, demanding the removal of Child Sexual Abuse Material (CSAM) from their platforms on the Indian internet. - The platforms were warned that any delay in compliance would result in the withdrawal of their safe harbour protection under Section 79 of the IT Act, which currently shields them from legal liability. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](