The Stay-in-India checklist is a list of regulatory hurdles that makes it attractive for Indian startups to Domicile in foreign jurisdictions like Singapore and USA.
Major Indian banks join Account Aggregator network to help individuals conveniently access and digitally share their financial data
Eight of India’s major banks (State Bank of India, ICICI Bank, Axis Bank, IDFC First Bank, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank, and Federal Bank) have joined the Account Aggregator network. Together, these banks cover nearly 40 percent of India’s banking customers. This move ushers in India’s open banking moment and empowers millions of …
Virtual Meeting on Data Empowerment (August 31, 2021)
Senior policymakers met to discuss data empowerment approaches that ensure privacy and encourage innovation The digitalization of economies, particularly in critical sectors such as health, mobility, energy, and finance, has seen significant generation of data. The ubiquity of data should lead to greater user-centric innovation, while preserving the trust that users have in an open, …
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Account Aggregator Ecosystem Go-Live
iSPIRT Foundation welcomes you to the virtual launch of the industry-wide Account Aggregator (AA) ecosystem on September 2, 2021. This event announces the major financial institutions that have gone live, and demonstrates the powerful use cases of AA. It will be a major milestone for the AA framework for consented data access and sharing in the …
iSPIRT’s Official Response to the Draft Drone Rules 2021
This is our response to the Draft Drone Rules 2021 published by the Ministry of Civil Aviation on 14 July 2021. Introduction The potential commercial benefits that unmanned aviation can bring to an economy has been well established in several countries. A primary and immediate use-case for drones is in Geospatial data acquisition for various …
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Can digital currencies and crypto investors help close India’s SME financing gap?
The internet connected the average Indian to millions of sources of information. Could crypto protocols connect Indians to millions of sources of capital? To achieve its goal of a five trillion dollar economy by 2025, India needs to close an enormous financing gap for its small and medium-size enterprises (SMEs). It already has important assets …
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iSPIRT’s Third Balloon Volunteering Open House Summary
Following the success of our previous two sessions, we are back again. We are presenting this next session of our open house on the theme of Market Mavens and Market Architecture. Please find attached the video, which will talk about the available opportunities and what it means to be a volunteer at iSPIRT. There are …
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Mapping Policy a major Progressive reform for Digital India
Almost everything in the tangible world has a location attached. In the future Data Economy, map information is going to be one very important piece of information. The Government of India announced a policy and new guidelines of using Mapping and relaxed the Policymaking it simple enough, aiming at unbundling the economic value across all …
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iSPIRT’s Official Response to Union Budget 2021
Boost for HealthStack, but no gains for Industry The Pandemic had decided much of the flow of financial planning in a country like India. The emphasis on Atma Nirbhar Bharat right at the outset in PART A of speech is on expected lines in a changed scenario post pandemic. Health being given importance forming the …
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iSPIRT’s Official Response to Non-Personal Data Governance Framework
A Committee of Experts under the Chairmanship of Shri. Kris Gopalakrishnan has been constituted vide OM No. 24(4)2019- CLES on 13.09.2019 to deliberate on Non-Personal Data Governance Framework. Based on the public feedback/suggestions, the Expert Committee has revised its earlier report and a revised draft report (V2) has been prepared for the second round of …
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IGP (Innovative Growth Platform): The Capital Enabler
Two Cs are extremely critical for startups: Capital and Customers. In India, with a population of 1.3B, customers for B2C or B2B2C startups is not an issue. For B2B startups, although the market in India is promising, global markets are still very important. Capital on the other hand is trickier. The total capital raised by …
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Ten key considerations for Build vs Buy in your product journey
As we begin 2021, let’s explore some salient points and key considerations for a build vs buy decision in your product journey. If you come from an engineering mindset, the natural inclination is to build things as that is what you take pride in. If you come from a business perspective, the interest is to …
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iSPIRT’s Covid Model website shutdown announcement
The iSPIRT India Covid Model site https://indiacovidmodel.in/ is going to be shutdown on the 25th Dec 2020. Thank you all for the support. The source code and details are available at Source Code link : https://github.com/seirforindia/seirdistrictmodel. Thanks from the iSPIRT India Covid Model Team
iSPIRT’s Second Open House on Balloon Volunteering
We had our second Open House session on Balloon Volunteering on 14th December over Zoom Conference. Do watch the session video to decide if you would like to explore volunteering with iSPIRT. Till recently, all our new volunteers (aka Balloon Volunteers) came in through referrals from existing volunteers. Eight weeks back, on 20th Sep, we …
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