India's Government Explores 'Law-to-Code' Framework; UpGrad Valuation Reaches $1.7 Billion
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuation
Image: The Economic Times
The Indian government is considering a 'law-to-code' framework to automate compliance with privacy and data protection laws amid rising AI-related cyber threats. Meanwhile, edtech firm UpGrad has been valued at $1.7 billion ahead of its merger with Unacademy, projecting significant revenue growth in the coming years.
- 01The Ministry of Electronics and IT is consulting industry stakeholders on the 'law-to-code' initiative to counter AI-driven cyber threats.
- 02UpGrad reported a profit after tax of ₹38 crore (approximately $4.6 million USD) for the first 11 months of FY26, with an expected revenue of ₹1,972 crore (roughly $238 million USD) for the full year.
- 03UpGrad's growth forecast includes a 30% revenue increase in FY27 and plans to expand its international workforce programs in Vietnam, Thailand, and the UAE.
- 04The 'law-to-code' approach has been successfully implemented in countries like France and New Zealand for administrative laws.
- 05The valuation report for UpGrad comes as it seeks approval from the Competition Commission of India for its acquisition of Unacademy.
Advertisement
In-Article Ad
The Indian government is exploring a 'law-to-code' framework to enhance compliance with privacy and data protection laws, aiming to automate legal enforcement as AI-related cyber threats grow. The Ministry of Electronics and IT (MeitY) has been consulting with industry stakeholders to address the challenges posed by advanced AI models. This initiative follows successful implementations in countries like France and New Zealand, where similar frameworks have been used for administrative laws such as taxes and immigration. In parallel, edtech firm UpGrad has been valued at $1.7 billion (approximately ₹15,980 crore) as it prepares for a merger with Unacademy. UpGrad reported a profit after tax of ₹38 crore (about $4.6 million USD) for the first 11 months of FY26 and anticipates a revenue of ₹1,972 crore (around $238 million USD) for the full fiscal year, reflecting a 26% increase from the previous year. The company is also projecting aggressive growth, with revenue expected to rise by 30% in FY27 and plans to expand its international presence, particularly in Southeast Asia and the UAE.
Advertisement
In-Article Ad
The government's 'law-to-code' initiative could streamline compliance processes for businesses, reducing the burden of legal adherence in the face of evolving AI threats.
Advertisement
In-Article Ad
Reader Poll
Do you think automating compliance through 'law-to-code' is beneficial for businesses?
Connecting to poll...
More about Ministry of Electronics and IT
Read the original article
Visit the source for the complete story.