Swiggy's moonlighting policy🌝, App for EV charging stations⚡, New data bill draft almost ready📜

An industry-first moonlighting policy, Govt plans app for finding EV charging stations, New data bill draft almost ready, Funding Deals & more.

Aug 04, 2022

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Swiggy staffers can now work for others under new moonlighting policy🌝

Swiggy on Wednesday announced an industry-first moonlighting policy, under which employees can take up external projects based on internal approvals.

Swiggy’s initiative comes as companies face high attrition and demand for more flexibility from employees.

“This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job or have a conflict of interest with Swiggy’s business in any way,” the company said.

Few other companies are likely to give their seal of approval to moonlighting as a formalised policy, according to recruitment and HR experts, and companies.

Govt plans app for finding EV charging stations to boost adoption🔌

To boost the adoption of electric vehicles, the Indian government is working on launching a one-stop-shop app that will show the location and availability of charging stations across the country.

The app, scheduled to go live in the next four to six weeks, will detail charger availability, types, and tariffs. State-owned Convergence Energy Services Limited (CESL) will collect information from the private sector to develop the app.

“Apart from information on the network of public charging stations, the app will reflect information shared by [manufacturers], enhancing visibility and traffic at private charging points,” said Mahua Acharya, managing director, CESL.

CESL plans to aggregate demand and establish 10,000 charging stations in the next three years under the FAME II Initiative.

Twid, a reward point-based payment solutions startup has raised $12 million in Series A funding round led by Rakuten Capital.
Employee benefits startup Jify said it has raised $10 million in funding from Accel and Nexus Venture Partners.
Embedded credit finance startup Credit Fair raised $10 million in funding – a mix of debt and equity – led by LC Nueva Alternative Investment Fund.
Finance operations automation platform Bluecopa has raised $2.3 million in funding led by Blume Ventures.
Omnivio, an ecommerce and omni-logistics platform for enterprises that offers control towers enabled logistics marketplace, has secure $400,000 in an angel funding round led by Supermorpheus, Dexter Angels, and 91 Ventures.

Funding Deals - Explained

New data bill draft almost ready, says IT minister📜

The draft of a new data protection bill is almost ready, and the government will release it for public consultation soon, Union IT minister Ashwini Vaishnaw said.

The government on Wednesday withdrew the data protection bill, which had been under consideration for several years. Vaishnaw said the government had received 12 recommendations and 81 amendments from a Joint Committee of Parliament that studied the bill. It would now work on a “comprehensive legal framework” and present a new bill, he added.

Meanwhile, Justice BN Srikrishna, who led the committee that drafted the original personal data protection bill, told us he agreed with the criticisms against it. “I have given feedback, too. I have pointed out a whole number of flaws in the bill. Apparently, they are rethinking these points,” he said.