The issue of deepfakes took centre stage in the Indian media recently, when a deepfake video of a celebrity went viral on social media. The video was created without the consent of the celebrity whose face was morphed replacing the person who originally featured in it.
For founders of companies, raising capital from investors is a significant step in the entrepreneurial journey and may often prove to be challenging.
At the crucial stage of raising venture capital, here are the key aspects to focus on:
Since the beginning of 2023, the global financial system has been facing significant challenges with respect to high interest rates and inflation. Recent failures of Silicon Valley Bank, First Republic Bank and Signature Bank in the U.S. and loss of market confidence in Credit Suisse are some examples which show that the world is still adjusting to a tighter monetary policy.
“If you start me up, I’ll never stop” Croon the Rolling Stones in their hit song “Start Me Up”, written by Mick Jagger and Keith Richards for the band’s 1981 multi-platinum album “Tattoo You” sums up the blazing growth story of the Indian start-up ecosystem. Although there have been a fair share of challenges along the way, the growth journey has been remarkable.
The conviction of Sam Bankman-Fried by a New York jury earlier this month cannot be seen in isolation. WeWork, another fast-growing company with an innovative business model and backed by leading investors, is heading for bankruptcy.
Aditi Sharma is a Partner in the Direct Tax and Private Client Practice Groups in the Mumbai office.
With a keen interest in tax practice and policy, Aditi has rendered advisory services in the areas of international and domestic tax. She has assisted clients on succession and estate-planning cases, typically involving a detailed analysis of comparative jurisprudence on trust law.
Gautam Chemburkar is an Executive Director in the Strategy Team of the firm. Gautam leads Khaitan & Co’s strategy on markets, sectors, communication and client relationship management.
Gautam brings with him over 20 years of experience in areas of fund raising, mergers & acquisitions, debt restructuring and business advisory. Prior to joining Khaitan & Co, Gautam worked as Partner with KPMG India, where he was responsible for sales and markets strategy and was instrumental in driving strategy around focused sectors, clients and international business.
The legal profession, like most other advisory spheres, has significantly transformed thanks to rapid globalisation and digitalisation. This evolution continues to be ubiquitous and disruptive all the same, and increasingly pushes lawyers to realign and recalibrate the virtues of client servicing. As in most parts of the world, India’s legal industry has moved away from being pre-dominantly a “demand-pull” one, to one being overly driven by “supply-push” compulsions.
Policy, Mission and Tweaking Laws to Provide Momentum to GH2 Projects.