This edition of our newsletter explores important legal updates and insights. We are pleased to announced that Alpha Partners is now a proud member of the Singapore Venture & Private Capital Association (SVCA). We also delve into recent amendments to Competition Act, Labour welfare in India's white-collar sector, and conclude with highlighting the need of corporate governance in Indian startups.

This article examines the recent legal settlement between Ashneer Grover and BharatPe, highlighting its implications for corporate governance in Indian startups. The dispute underscores the critical need for robust governance structures to effectively manage conflicts and ensure transparency. As startups continue to evolve, addressing key governance challenges is essential for fostering a healthier investment environment and promoting sustainable growth.

This article examines the recent government decision to abolish the angel tax in its budget. We discuss the concept of angel tax and further discuss the potential impacts of its abolition on promoters and investors.