Venture fund founder sues PayPal alleging racial discrimination

PayPal is being sued by the founder of venture firm Andav Capital, who claims she was excluded from the payment giant’s diversity and equity program because she is Asian, according to a suit filed this week. In 2020, PayPal made a $530 million commitment to support more Black and minority-led businesses in the wake of Black Lives Matter. Nisha Desai, the founder of Andav Capital, claims in the newly filed lawsuit that she applied to be considered for the financial commitment but was overlooked because she i ...