Ahlawat & Associates advised Rooter Sports Technologies Private Limited on its ‘Pre-Series B Investment’ round of USD 16 million, led by Lightbox Ventures III.
Ahlawat & Associates (“A&A”) has advised Rooter Sports Technologies Private Limited, on its ‘Pre-Series B Investment’ round wherein the investment was a combination of debt and equity investments and was led by Lightbox Ventures III, followed by investments from existing investors along with witnessing participation from new investors.
VARA issues specialised regulations for Virtual Assets
The Dubai Virtual Assets Regulatory Authority (“VARA”), the regulator in charge for supervising the virtual assets (“VA”) law, has released the most awaited Virtual Assets and Related Activities Regulations 2023 on 7th February, 2023 (“VA Regulations”). In order to accelerate the development of a fully global digital economy, VARA was established under the Law No. …
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The Code on Wages: Addressing the Key Changes and Their Impact
The Code on Wages, 2019 (“Code”) codifies and amends the extant laws related to wages, bonus and remuneration encashed to labour workforce in organised and unorganised sector of employment. It aims to simplify the implementation, enforcement and harmonise the labour law regime in India.
The Code on Social Security 2020: Addressing the Key Changes and Their Impact
To reform the archaic labour and employment law legislations pertaining to social security, the Central Government has enacted the Code on Social Security, 2020 (“Code”) with an aim to extend the social security benefits to maximum workforce working in either the organized or the unorganized sectors.
Analysis of the guidelines published by the Government for influencers and celebrities in respect of endorsements on social media platforms
The Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution has published (on January 20, 2023) guidelines to be adhered by influencers and celebrities in respect of endorsements on social media platforms.
Analysis of the Digital Personal Data Protection Bill, 2022
India’s Ministry of Electronics and Information Technology (‘MeitY’) recently released the (long-awaited) draft Digital Personal Data Protection Bill, 2022 (‘DPDP Bill’) on November 18, 2022, and solicited all relevant stakeholders to submit their suggestions and comments (no later than December 17, 2022). The DPDP Bill constitutes the latest in a series of draft legislation propagated …
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FTX fiasco and the need for a crypto regulatory framework
The world of crypto has been wracked with one piece of bad news after another ever since the global economic downturn influenced by the Russia-Ukraine war. The newest fiasco which has now led to a near wipeout of the market values of major cryptocurrencies such as bitcoin was the fall of FTX, one of the …
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Why should one consider making a Will?
Everyone at some point of time becomes anxious about what will happen to his belongings after his death and wants to ensure that the life he has lived has been worthwhile. The outbreak of Covid-19 pandemic has already provided everyone enough reasons to be prepared for any uncertain event. Life and death are uncertain and …
REGULATORY FRAMEWORK OF ALTERNATIVE INVESTMENT FUND (AIF) IN INDIA
A few years ago, the only way to accumulate financial assets in India was to invest in conventional investment categories like equities, bonds, real estate, FDs, etc. With a growing population of high-net-worth individuals in the nation, there is a rising need for unorthodox investment possibilities.
SEBI makes changes to regulations for Alternative Investment Funds
Alternative Investment Funds (AIF) are funds acting as privately pooled investment vehicles and are established or incorporated in India as per the provisions of the SEBI (Alternative Investment Funds) Regulations, 2012 as provided and administered by the Securities and Exchanges Board of India (SEBI) which is the official sectoral regulator for AIFs. AIFs aim to …
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