Latest news with #IAMAI
Time of India
3 hours ago
- Business
- Time of India
Ambiguities in DPDP Act about publicly available data pose challenges for AI firms, startups: IAMAI
NEW DELHI: The Internet and Mobile Association of India ( IAMAI ), in a submission to the Ministry of Electronics and IT ( MeitY ), Thursday said that the ambiguities in the Digital Personal Data Protection Act , 2023 (DPDP Act), concerning the processing of publicly available person data may pose challenges for artificial intelligence ( AI ) companies. These ambiguities will particularly impact AI companies using large datasets for training their models, the industry association said. 'Requiring AI companies to determine whether all publicly accessible personal data had been voluntarily made available by data principals themselves was practically unfeasible,' IAMAI said, citing that even in instances where personal data is shared publicly to comply with a legal obligation, it may be re-shared or resurface online through various means well after the initial legal disclosure, making it difficult for AI companies to process such data. The association added that restrictions on access to publicly available personal data would impose undue compliance burdens on AI companies, hinder technological progress, and could ultimately obstruct the realisation of AI's potential. 'Such limitations would disproportionately affect startups and smaller companies developing AI models ,' it said. In its submission, IAMAI has suggested the IT ministry to appropriately amend the DPDP Act to remove barriers to using publicly available personal data for training or fine-tuning of AI models. To that end, IAMAI recommended that the Central government, might as an interim measure, consider exempting data fiduciaries from the DPDP Act's provisions if such entities are "processing personal data solely for training or fine-tuning of AI models".
Economic Times
a day ago
- Business
- Economic Times
IAMAI flags ambiguities in data protection law; cautions impact on AI innovation
The Internet and Mobile Association of India (IAMAI) flagged ambiguities related to handling personal data in the Digital Personal Data Protection (DPDP) Act, 2023, in a submission before the ministry of electronics and information technology (MeitY). The industry body said restrictions on using publicly available data for artificial intelligence (AI) training would increase compliance burdens on AI companies, hinder technological progress, and disproportionately affect startups and smaller AI firms. In the submission, IAMAI said the ambiguities 'surrounding the processing of publicly available personal data might pose practical challenges for AI companies, particularly those using large datasets for training their models.' For them to verify whether the publicly available data was voluntarily made available is 'practically unfeasible,' it added. 'Even where personal data is shared publicly to comply with a legal obligation, it may be re-shared or resurface online through various means well after the initial legal disclosure, making it difficult for AI companies to process such data,' IAMAI presented in its submission. IAMAI suggested amending the DPDP Act to remove obstacles to using publicly available personal data for AI training. As an interim measure, the government may consider exempting data fiduciaries from certain provisions of the DPDP Act when they are processing personal data solely for AI training or fine-tuning, it suggested. The DPDP Act is yet to be operationalised, after the ministry invited stakeholders' comments on the rules in January. Earlier this week, digital payment companies Google Pay, PhonePe, and Amazon Pay, and the National Payments Corporation of India (NPCI) sought exemption from provisions of the DPDP Act that require user consent for each transaction, citing increased compliance burden, especially severe for small platforms.
Time of India
a day ago
- Business
- Time of India
IAMAI flags ambiguities in data protection law; cautions impact on AI innovation
Academy Empower your mind, elevate your skills The Internet and Mobile Association of India ( IAMAI ) flagged ambiguities related to handling personal data in the Digital Personal Data Protection (DPDP) Act, 2023, in a submission before the ministry of electronics and information technology ( MeitY ).The industry body said restrictions on using publicly available data for artificial intelligence (AI) training would increase compliance burdens on AI companies , hinder technological progress, and disproportionately affect startups and smaller AI the submission, IAMAI said the ambiguities 'surrounding the processing of publicly available personal data might pose practical challenges for AI companies, particularly those using large datasets for training their models.' For them to verify whether the publicly available data was voluntarily made available is 'practically unfeasible,' it added.'Even where personal data is shared publicly to comply with a legal obligation, it may be re-shared or resurface online through various means well after the initial legal disclosure, making it difficult for AI companies to process such data,' IAMAI presented in its suggested amending the DPDP Act to remove obstacles to using publicly available personal data for AI training. As an interim measure, the government may consider exempting data fiduciaries from certain provisions of the DPDP Act when they are processing personal data solely for AI training or fine-tuning, it DPDP Act is yet to be operationalised, after the ministry invited stakeholders' comments on the rules in this week, digital payment companies Google Pay, PhonePe, and Amazon Pay, and the National Payments Corporation of India (NPCI) sought exemption from provisions of the DPDP Act that require user consent for each transaction, citing increased compliance burden, especially severe for small platforms.
Time of India
3 days ago
- Business
- Time of India
Bhavit Sheth named chairman of IAMAI's digital gaming committee; Google's Nikhil Bansal appointed co-chair
The Internet and Mobile Association of India ( IAMAI ) has appointed Bhavit Sheth , co-founder and COO of Dream Sports (Dream11), as chairman of its Digital Gaming Committee. Nikhil Bansal , industry head – gaming & eServices at Google, has been named co-chairman. Sheth and Bansal take over from Bhavin Pandya, co-founder of Games24x7, who served as chairman, and Dilsher Malhi, founder and CEO of Zupee, along with Ankush Gera, co-founder and CEO of Junglee Games, who were co-chairs. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The IAMAI Digital Gaming Committee represents the interests of India's expanding gaming ecosystem, comprising game developers, platforms, technology providers and service partners. The committee engages with policymakers, advocates for responsible gaming and works to enable sustainable sectoral growth. Bhavit Sheth Sheth brings experience in building one of India's largest sports technology firms, while Bansal offers a global view on gaming trends, monetisation strategies and regulatory practices through his role at Google. 'It's an honour to take on the role of Chairman of IAMAI's Digital Gaming Committee,' said Sheth. 'The sector has immense potential to drive innovation, create jobs, and contribute to the vision of Digital India. I look forward to working closely with industry peers and policymakers to promote responsible gaming and build a sustainable ecosystem that benefits players, creators, and the broader community.' Live Events Bansal said, 'I'm excited to join as Co-Chairman of IAMAI's Digital Gaming Committee and collaborate with stakeholders to unlock new opportunities for growth. India's gaming landscape is evolving rapidly, and by fostering dialogue, best practices, and innovation, we can help shape an inclusive and thriving industry that delivers great experiences for millions of gamers.' IAMAI said it remains committed to supporting innovation and responsible growth in the digital gaming sector and expressed confidence in the new leadership's ability to strengthen the committee's role. IAMAI is a not-for-profit industry body with over 600 members, including Indian and multinational companies and start-ups. It plays an active role in shaping India's digital economy through policy advocacy, B2B events, research and consumer trust initiatives.
Entrepreneur
4 days ago
- Business
- Entrepreneur
India's EdTech Sector Rebounds as VC Activity Regains Momentum
A joint IAMAI–Grant Thornton Bharat report estimates the sector's value is projected to grow at 25.8 per cent CAGR, reaching nearly USD 29 billion by 2030. It further estimates that EdTech's share of India's GDP will quadruple, from 0.1 per cent in 2020 to approximately 0.4 per cent by 2029. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's EdTech ecosystem has swung back into focus for venture capitalists, steadily emerging from a funding winter with recalibrated emphasis on resilience, scalability, and profitability. A joint IAMAI–Grant Thornton Bharat report estimates the sector's value is projected to grow at 25.8 per cent CAGR, reaching nearly USD 29 billion by 2030. It further estimates that EdTech's share of India's GDP will quadruple, from 0.1 per cent in 2020 to approximately 0.4 per cent by 2029. HolonIQ further notes global EdTech funding dropped to USD 2.4 billion, its lowest since 2014, with early‑stage deals rising modestly while megadeals shrank sharply. Although overall funding remained constrained, marquee investments helped reshape expectations: Physics Wallah, valued at approximately USD 2.8B, raised a USD 210 million round in early 2025 and subsequently received SEBI approval to raise INR 4,000 crore (~USD 480 million ) via IPO. GyanDhan, an education-financing startup, secured INR 50 crore (~USD 6 million) in mid‑2025 from Classplus and Pravega Ventures, highlighting growing VC interest in financial access models beyond direct learning platforms. Broader VC sentiment remains cautious yet optimistic: Bain & Company's India VC Report 2025 reported a recovery in overall VC investment to USD 13.7 billion in 2024, with early- and mid-stage deal volumes rising 45 per cent year-on-year alongside a rebound in mega-rounds, albeit at more conservative valuations. India's fast‑growing demand for upskilling, K‑12 hybrid delivery, and regionally localized content is reshaping investment flows. Meanwhile, education-financing startups such as GyanDhan are drawing VC dollars, signaling broader interest in ecosystem playbooks beyond traditional tuition models. Manish Agarwal, Senior Director, PrepInsta, said that India's EdTech industry is at an exciting crossroads. With increasing smartphone penetration, affordable internet, and rising demand for upskilling, the future will be defined by how well we integrate emerging technologies into education. "AI and personalised learning are at the forefront. Educational platforms are increasingly adopting AI to create custom learning paths based on individual progress, aptitude, and career interests. This allows for more effective learning and better engagement," said Agarwal. "Gamification and immersive tech like Augmented Reality AR and Virtual Reality VR are likely to play a larger role. These tools can create hands-on learning experiences that simulate real-world applications, especially useful for areas like coding, engineering, and soft skills training. Imagine students practising coding or aptitude in a virtual environment that feels like a real job simulation—this can bridge the gap between learning and industry needs," added Agarwal. A recent IAMAI survey found 94 per cent of teachers and 69 per cent of parents believe EdTech is bridging geographical education divides. India's education-innovation infrastructure is also expanding: as of early 2025, 10,000 Atal Tinkering Labs and 72 Atal Incubation Centres have been established across schools and institutions, seeding grassroots innovation (many in EdTech), mentorship and entrepreneurship networks. With key IPOs (like Physics Wallah) in progress, the coming quarters may signal a broader late‑stage capital revival. Bain & Company notes, India's VC landscape is heating up again, riding on improved macro conditions and the maturation of high-profile assets.
