Kunal Khattar, co-founder of AvantEdge, an early investor in ride-hailing firm, Rapido, told FE.
"Unfortunately, in India, policies move at a much slower pace than technology and product innovation. As a category creator, you will have to operate in the grey area at least in the initial stages of your product life cycle. As long as you are not outright illegal, it's okay. You don't have to be 100% legal. Policy will hopefully catch up," Khattar said.
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