PayPal accused of racial bias against Asian Americans in funding ...
Nisha Desai of venture capital firm Andav Capital accused PayPalof racial bias for restricting part of a $535 million investment program to black and Hispanic applicants, costing her millions of ...
Venture fund founder sues PayPal, alleging racial discrimination
Jan 3, 2025 · PayPal is being sued by the founder of venture firm Andav Capital, Nisha Desai, who claims she was excluded from the payment giant’s diversity and equity program because she is Asian, according ...
PayPal accused of racial bias against Asian Americans in funding ...
Jan 3, 2025 · Nisha Desai sued PayPal for racial bias, alleging the company restricted part of a $535 million investment program to only Black and Hispanic applicants, costing her millions. The federal appeals court's previous ruling led Desai to file the suit. She seeks to prevent PayPal from considering race and ethnicity in its investment decisions.
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
Jan 3, 2025 · 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 initiatives in corporate America. ... Desai said she spent 1-1/2 months seeking funding before PayPal stopped communicating, even as the company invested $100 ...
PayPal (PYPL) Accused of Racial Bias in New Lawsuit - MSN
In a New York City court, an Asian American businesswoman named Nisha Desai has accused PayPal of racial bias for restricting a $535 million investment program to Black and Hispanic applicants ...
PayPal Sued for Excluding Asian American Entrepreneurs from …
Nisha Desai, founder of Andav Capita, is seeking unspecified damages and demanding that PayPal stop considering race and ethnicity in its investment programs. ... Desai, who grew up in the Deep ...
Nisha Desai Files Lawsuit Against PayPal for Alleged Racial Bias in ...
5 days ago · The CEO of the venture capital firm Andav Capital, Nisha Desai, is an Asian American entrepreneur who has sued PayPal, claiming that the company’s funding methods are biased against her race. ... Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
PayPal sued for alleged racial bias against Asian Americans
6 days ago · Asian American businesswoman Nisha Desai has sued PayPal, accusing the company of racial bias in its investment program. According to the suit, the program unfairly restricted funding to Black and ...
PayPal Sued for Barring Asian Americans From VC Fund Program (1)
Jan 3, 2025 · 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.
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