Peerzada Abrar

Peerzada Abrar

Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.

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Peerzada Abrar

1,000 ex-Flipkart staffers approach Walmart over stock option liquidity

Former employees of Flipkart and group firms Myntra and Cleartrip have approached Walmart and Flipkart seeking liquidity for vested stock options amid uncertainty over the IPO timeline

Updated On: 11 Oct 2026 | 10:03 PM IST

Around 1,000 ex-Flipkart staff approach Walmart over stock option liquidity

Former employees of Flipkart and group firms Myntra and Cleartrip have approached Walmart and Flipkart seeking liquidity for vested stock options amid uncertainty over the IPO timeline

Updated On: 11 Oct 2026 | 7:18 PM IST

B2B ecom platform Udaan targets IPO by early 2028 as turnaround takes hold

The B2B e-commerce firm expects FY26 revenue to grow 10 to 12 per cent as losses narrow by about 20 per cent, with CEO Vaibhav Gupta targeting profitability by end-2027

Updated On: 11 Oct 2026 | 6:41 PM IST

Amazon Great Indian Festival logs record 440 million visits in early phase

First-time shoppers grew nearly 100 per cent, while more than 72 per cent of visits came from beyond the top nine metros; sellers saw units ordered more than double in 24 hours

Updated On: 09 Oct 2026 | 11:33 PM IST

Flipkart draws 6.3 million concurrent users as Big Billion Days sale opens

Nearly one in two visits in Flipkart's opening hour came from Tier 3 towns and beyond, while non-metro customers accounted for about 60 per cent of demand during the sale

Updated On: 09 Oct 2026 | 9:10 PM IST

Amazon Great Indian Festival opens with record 100% growth in orders

Customers from every pin code placed orders as premium smartphones, home entertainment, fashion and beauty drove demand, with Amazon reporting its biggest-ever opening day

Updated On: 08 Oct 2026 | 10:38 PM IST

GST Council allows small online sellers to use warehouses in other states

Small online sellers can now use e-commerce platform warehouses to register in other states, while the GST Council has clarified tax treatment for platforms and retained existing rates

Updated On: 08 Oct 2026 | 10:10 PM IST

Dashboards, drum jams and delivery convoys kick off India's shopping season

From Bengaluru to Kargil, Flipkart and Amazon race to deliver as online festive sales are projected to grow up to 29%

Updated On: 08 Oct 2026 | 12:31 PM IST

Flipkart, Amazon bet on delivery speed as India's festive sales kick off

Online festive sales could rise 29 per cent to ₹1.55 trillion, with quick commerce taking a 16 per cent share as Flipkart and Amazon expand their rapid delivery networks

Updated On: 07 Oct 2026 | 9:38 PM IST

Flipkart Fashion seller base jumps 77% after zero-commission move

Its fashion seller base has grown 77% this year, and new listings have more than doubled, as its Big Billion Days (BBD) sale begins October 8

Updated On: 07 Oct 2026 | 5:36 PM IST

Meesho content commerce surges 152% as non-metro creators drive growth

About 90 per cent of Meesho's active creators are nano-creators, while 81 per cent come from non-metro India and 66 per cent of orders come from Tier-III and Tier-IV markets

Updated On: 06 Oct 2026 | 6:29 PM IST

Startup Policy Forum unveils DeepVerse to boost India's deep-tech ecosystem

The new centre brings together founders, investors, government, academia and global technology companies to shape policy, research and ecosystem initiatives

Updated On: 06 Oct 2026 | 9:00 AM IST

As India's edtech giants stumble, Manipal's UNext bets on discipline

Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals

Updated On: 05 Oct 2026 | 5:58 PM IST

Flipkart invests in TravClan to strengthen international travel offerings

The investment will strengthen international travel supply, on-ground support and holiday offerings for customers across Cleartrip and Flipkart Travel

Updated On: 05 Oct 2026 | 5:24 PM IST

Kuku revenue jumps sixfold to ₹1,484 crore as AI fuels microdrama expansion

The Kuku TV and Kuku FM parent reported FY26 net revenue of ₹1,484 crore and a profit of ₹182 crore, as it builds a 1,000-member AI-led production unit ahead of its planned IPO

Updated On: 03 Oct 2026 | 10:13 PM IST

Homegrown brands bet on smaller towns for festive growth through Flipkart

Flipkart says homegrown brands have grown 60 per cent in Tier 2 and Tier 3 markets, while its beauty and general merchandise category is growing nearly 50 per cent

Updated On: 01 Oct 2026 | 10:29 PM IST

Amazon expands ultra-fast delivery service Amazon Now to over 120 cities

Amazon Now has doubled its footprint in two weeks, bringing minute-level deliveries to customers in cities including Amritsar, Abohar, Jalandhar, Ambala, Mangalore, Manipal, Vizag, Kochi, Changanasser

Updated On: 01 Oct 2026 | 6:00 AM IST

India's digital public infrastructure enters connected, AI-enabled phase

An IIM Bangalore report says the next phase of DPI will link identity, payments, health care, agriculture, commerce and education, with AI adding an intelligence layer

Updated On: 30 Sep 2026 | 8:32 PM IST

Arivihan raises $10 million to expand AI-powered learning platform

The edtech startup, backed by Accel and Prosus Ventures, plans to enter new states and CBSE while strengthening its AI research and vernacular-language capabilities

Updated On: 30 Sep 2026 | 6:00 AM IST

Flipkart's uncertain IPO timeline leaves employee stock options tied up

Listing could be delayed by another one to two years as Walmart takes a wait-and-see approach; some former employees may seek clarity on the IPO timeline

Updated On: 30 Sep 2026 | 12:42 AM IST