News Summary

Nisha Desai, founder of Andav Capital, has filed a lawsuit against PayPal, alleging racial discrimination. Desai claims she was excluded from PayPal’s $530 million diversity and equity program due to her Asian ethnicity. According to the lawsuit, PayPal’s initiative focused predominantly on Black and Hispanic-led businesses, which Desai argues is racially exclusionary. Despite Desai’s qualifications and meetings with PayPal executives, her firm did not receive funding, reportedly impacting their ability to secure further investments. The lawsuit cites violations of the Civil Rights Act and New York anti-discrimination laws. Desai’s legal representation is by Consovoy McCarthy, known for challenging race-based programs.