India: Corporate Governance

The world's third-largest startup ecosystem has witnessed significant expansion in venture capital and private equity activity over the past decade.

The Foreign Contribution (Regulation) Amendment Bill, 2026 introduces sweeping changes to India's foreign funding regime, including the creation of a Designated Authority with powers to seize and permanently vest foreign contributions and assets. How will these amendments reshape compliance obligations for NGOs, trusts, and other organizations receiving foreign funds, and what risks do key functionaries now face under the expanded liability framework?

India’s enactment of the Digital Personal Data Protection Act, 2023 (“DPDP Act”) marks a decisive shift toward a modern data protection regime anchored in accountability, consent, and enforcement. While the statute is primarily directed at “data fiduciaries,” its implications extend well beyond operational compliance. At the boardroom level, the Act has triggered a reassessment of governance responsibilities, risk allocation, and critically Directors and Officers (“D&O”) insurance.