Justice B.N. Srikrishna Appointed Chairman of Equal's Advisory Board
| Aspect | Details |
|---|---|
| Why in News | Justice B.N. Srikrishna appointed Chairman of Equal's Advisory Board; aligns with India's data protection push. |
| Advisory Board Composition | Includes Justice B.N. Srikrishna, Jagdish Capoor, Rakesh Mohan, Anand Sinha, J. Satyanarayana, Ajay Prakash Sawhney, P.H. Ravikumar, Anitha Ramachandran, and Sunil Kulkarni. |
| Role and Objectives | Guide Equal and OneMoney on regulatory compliance, ethical data practices, governance frameworks, and technological innovation. |
| About Equal | Founded in 2022; offers identity authentication services integrating 50+ identity databases and 4,000+ API providers. Clients include WeWork, L&T, TVS, Aragen, Emri, Achala, and Hetero. |
| About OneMoney | RBI-licensed account aggregator platform; strategic investee of Equal since August 2024. |
| Key Figures | Equal and OneMoney enable 75 million monthly transactions and serve 250+ clients. |
| Government's Digital Push | Draft rules for Digital Personal Data Protection (DPDP) Act released, signaling strong regulatory push for data security. |