Venture fund founder sues PayPal, alleging racial discrimination
6 days ago · Desai launched Andav Capital in 2018, according to PitchBook, to invest in early-stage companies. The venture firm has made at least 13 investments, including in fintech startup Acorns, the ...
VC Firm Founder Sues PayPal, Claims Racial Discrimination Led To …
4 days ago · A venture capital firm founder has launched a lawsuit against PayPal, alleging that the company’s diversity and equity program excluded her because she is Asian. Nisha Desai, the founder of Andav Capital, claims she applied for consideration in a $530 million financial commitment PayPal announced in 2020 to support Black- and minority-owned businesses , TechCrunch reported.
Asian American Venture Capitalist Accuses PayPal of Racial Bias in ...
3 days ago · The case is Andav Capital et al v PayPal Holdings Inc et al, U.S. District Court, Southern District of New York, No. 25-00033. (Reporting by Jonathan Stempel in New YorkEditing by Matthew Lewis ...
Businesswoman’s Lawsuit Challenges PayPal’s Diversity Policies
PayPal is being sued by Asian American entrepreneur Nisha Desai and her venture capital firm, Andav Capital, over alleged racial discrimination in its investment programs. Desai’s lawsuit claims that PayPal’s 2020 initiative, a $535 million program supporting minority-owned businesses, excluded Asian American entrepreneurs by directing ...
PayPal accused of racial bias against Asian Americans in funding ...
6 days ago · Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion...
Venture Capitalist Sues Paypal Over Funding Program for Minority …
The plaintiffs, New York-based Andav Capital and founder Nisha Desai, applied in 2020 but received nothing, and PayPal executives told Desai at the time that the company was favoring funds run by ...
An Indian-American Entrepreneur Takes PayPal to Court Over A …
6 days ago · Desai is suing Paypal for excluding her from the program based on race, alleging that the exclusion cost Andav millions of dollars in "vital capital."
PayPal Accused of Racial Bias Against Asian Americans in Funding …
3 days ago · The complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives...
PayPal Sued for Barring Asian Americans From VC Fund Program (1)
6 days ago · PayPal Holdings Inc. unlawfully excludes Asian Americans and others from a multi-million-dollar program that invests in Black and Latinx-led emerging venture-capital funds, according to a federal lawsuit filed in New York.
PayPal accused of racial bias against Asian Americans in funding ...
6 days ago · The case is Andav Capital et al v PayPal Holdings Inc et al, U.S. District Court, Southern District of New York, No. 25-00033. ... Read More News on. paypal paypal news paypal racial bias case nisha desai andav capital paypal racism case pfizer (Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The ...
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