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

Ola Electric's Q1FY27 loss narrows to Rs 336 crore as revenue falls 45%

Vehicle deliveries nearly doubled sequentially to 39,192 units and market share recovered to 8.4 per cent, even as revenue declined 45 per cent from a year earlier

Updated On: 07 Aug 2026 | 7:52 PM IST

BlissClub raises ₹160 cr to expand retail footprint and product portfolio

Singularity AMC led the funding round, with founder Minu Margeret and existing investors backing the activewear brand's next phase of growth

Updated On: 07 Aug 2026 | 6:00 AM IST

Shiprocket's ₹1,617.5-crore IPO to open Aug 12; price band fixed at ₹92-97

The e-commerce enablement platform will open its public offering on August 12, with the issue valuing the company at up to ₹7,056 crore

Updated On: 06 Aug 2026 | 11:00 PM IST

India's ₹124.9 trn MSME procurement mkt offers digital growth opportunity

Four in five small businesses expect online sourcing to drive growth over the next three years, highlighting a vast opportunity for digital procurement platforms

Updated On: 06 Aug 2026 | 10:38 PM IST

HomeRun raises $12 mn to expand 60-minute building materials delivery

Nexus Venture Partners led the funding round as the construction materials quick-commerce startup accelerates expansion, months after raising $6.6 million

Updated On: 06 Aug 2026 | 8:49 PM IST

Fisdom founders to exit Groww after wealth business integration

Subramanya SV and Anand Dalmia will exit Groww after completing a planned one-year transition following Fisdom's acquisition and integration into the fintech firm's wealth business

Updated On: 06 Aug 2026 | 8:29 PM IST

Foreign etailers told to set up separate export-only units in India

The DGFT has notified a framework requiring foreign-owned e-commerce firms to create separate legal entities for inventory-based exports of Indian-made goods under the revised FDI policy

Updated On: 05 Aug 2026 | 11:53 PM IST

River Mobility raises $120 million in Series C led by Elev8, Claypond

The Bengaluru-based electric two-wheeler maker will use the fresh capital to expand manufacturing capacity, build a new factory and launch products in the utility lifestyle segment

Updated On: 05 Aug 2026 | 11:03 PM IST

IIM-B incubator NSRCEL tops $7 bn startup value, bets on AI-led expansion

NSRCEL plans specialised sector centres and AI-enabled learning tools to expand its entrepreneur network from around 238,000 to more than one million

Updated On: 05 Aug 2026 | 7:34 PM IST

Razorpay boosts AI push with senior hires from Microsoft, Salesforce, Cred

Executives will help build payment systems that can increasingly make decisions using artificial intelligence, says the company

Updated On: 04 Aug 2026 | 6:19 PM IST

SoftBank-backed OfBusiness exports double to over ₹2,500 crore in FY26

Footprint across 70 global markets as buyers diversify sourcing away from China, even as India's FTA deals boost export potential

Updated On: 04 Aug 2026 | 5:21 PM IST

Ex-Swiggy, Zomato executives launch AI startup Profound, raise $1.5 mn

Profound helps users find career opportunities, make introductions and connect with employers

Updated On: 04 Aug 2026 | 1:27 PM IST

Indians involved in solving world's toughest problems: Google DeepMind

Google DeepMind executives explain how the AI lab is deploying autonomous agents in the country

Updated On: 02 Aug 2026 | 8:46 PM IST

Flipkart-Netflix deal to earn buyers OTT plans, benefit launches on Aug 1

Flipkart Plus members can unlock a month of Netflix by completing four eligible monthly orders, marking Netflix's first e-commerce partnership in India

Updated On: 31 Jul 2026 | 10:29 PM IST

Zepto delays IPO by two quarters as investors push for lower valuation

Quick-commerce firm plans to raise about Rs 1,000 crore in a pre-IPO round as investors seek greater clarity on profitability, cash reserves and growth prospects

Updated On: 31 Jul 2026 | 8:21 PM IST

Swiggy's Q1 loss narrows as revenue climbs 37%

Food-delivery company's net loss narrowed from Rs 1,197 crore a year earlier as revenue rose to Rs 6,812 crore.

Updated On: 30 Jul 2026 | 11:57 PM IST

Flipkart pushes deeper into consumer lending with Pay Later service

E-commerce giant launches checkout credit across its platforms with PayU Finance as the first lending partner, betting commerce data can broaden access to consumer credit.

Updated On: 30 Jul 2026 | 6:38 PM IST

Marvell to invest $250 million, double India workforce in 3 years

US chipmaker will expand its engineering footprint in Bengaluru and Hyderabad as it steps up research and development for AI, cloud and data infrastructure

Updated On: 29 Jul 2026 | 8:20 PM IST

AI startup Freehand raises $75 million for supply-chain expansion

Battery Ventures and NewRoad Capital co-lead funding as startup expands AI agents that automate procurement and supply-chain spending for Fortune 500 companies

Updated On: 29 Jul 2026 | 5:33 PM IST

OfBusiness reports net profit of ₹724 crore in FY26 ahead of planned IPO

SoftBank-backed SME commerce and financing platform turns free cash flow positive in commerce business and crosses ₹10,000 crore in lending assets under management

Updated On: 29 Jul 2026 | 3:58 PM IST