Information Technology (IT) and Artificial Intelligence (AI)
Information technology and AI cut across sectors and play a significant role in almost every business, whether predominantly IT-enabled or not. IT is intertwined with virtually every activity of a business. Therefore, at Alaya Legal, we have incorporated IT aspects, including security measures, into our services across all practice areas.
Technology & Regulatory Advisory
From conventional areas such as regulatory compliance, export compliance, data security, and domestic and international privacy regulations, directives, and standards, we have also evolved our practice to cater to key developments shaping this space, including fintech, Big Data, Artificial Intelligence, Blockchain, crypto-currencies, open source, and digital space advisory.
Technology Transactions & Commercial Advisory
We advise startups, MNCs, and global companies on technology transactions, including drafting and negotiating software licensing, development, master services, and service level agreements. We support clients across the ecosystem, covering licensing, technology transfer, outsourcing, e-commerce, telecommunications, and strategic alliances.
Data Protection & Privacy
Our data protection and privacy practice caters to well-established companies by advising on devising and implementing data protection strategies. We have drafted several privacy and data protection agreements and policies after identifying potential risks and developing mitigation strategies.
Our services include:
- Consumer data and KYC-related compliances
- Data storage and usage frameworks
- Cookie policies
- Advertising and marketing policy advisory
Startup Advisory
We understand that scaling a startup and positioning it as a strong market player is challenging. We assist startups in structuring transactions and documentation to support growth and scalability.
We focus on:
- Risk assessment frameworks
- Founders’ agreements
- Private equity funding
- Exit strategies
- Statutory compliances
Our approach ensures startups are investor-ready while aligning with their operational needs and working style.
Representative Matters
Our engagements in the IT and AI space include:
Drafting documents for deployment of debt products such as credit and buy-now-pay-later facilities.
Preparation of identification and assessment protocols and terms of use for digital platforms offering AI and ML services in the healthcare sector.
Advisory to a company engaged in diagnosis for antimicrobial resistance through AI, including fundraising (offshore and governmental grants) and corporate matters.
Advisory to a company using AI in the mental and emotional well-being space for seed round investment.
Advisory and assistance to SaaS companies in identifying risks and ensuring compliance with data protection laws across jurisdictions.
Advisory to an online real money gaming platform offering ‘games of skill’ regarding compliance with IT regulations applicable to online gaming intermediaries.
Review of master documents of a software company providing AI-based conversational services in India.
Drafting documentation for establishment and licensing of an e-tendering platform.
Preparing, negotiating, and finalising web-hosting and development agreements for cloud-based software.
Advisory on data protection measures aligned with operational use of AI tools for employee-related functions.