Watch experts discuss whether Big Tech should be regulated in India

The spike in allegations of monopolistic practices by Western technology behemoths has raised the question of whether Big Tech should be regulated in India today.

Amazon, Apple, Google, Facebook, and Microsoft, dominate online search, advertising, social networking, and shopping, and are said to pose a threat to the Indian tech startup ecosystem by putting consumers’ data at risk, and raising issues of privacy, and national security.

Industry experts, who spoke at the Asia PE-VC Summit 2020 organised by DealStreetAsia in November, felt that while Big Tech needs to be regulated to support, hold, and groom the growth of homegrown startups and the tech ecosystem, the interest of consumers must also be protected.

“Firstly, there should be regulation. Second, there should be a regulator,” recommended Anand Lunia, founding partner, India Quotient at the panel discussion titled ‘Should India Regulate Big Tech to Grow Its Local Startup Tech Ecosystem.

He was joined by Rajesh Sawhney, founder & CEO, GSF Accelerator in the panel, who felt that the role of the regulator should be to create enough competition and give consumers more choices.

Watch the video of their talk here:

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.