New Delhi, Nov. 15 -- India's Digital Personal Data Protection (DPDP) Act, 2023, was brought into effect on Friday as the ministry of electronics and IT (Meity) notified the rules and set up a four-member board for data protection.

For startups, compliance with the Act becomes increasingly important, not just for the sake of running their businesses, but also for ensuring they're above board when venture capital investors, looking to fund them, conduct their due diligence.

Mint explains what the DPDP Act is and what its implications are for India's startup ecosystem.

The DPDP Act is India's first data protection law, specifically designed to protect individuals' personal data and provide larger organizations with a framework for proces...