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 shares under pressure after QIP bid for fresh funds

The stock opened down 3 per cent at ₹38.50 on the National Stock Exchange and touched a low of ₹38.08 before trimming some losses.

Updated On: 02 Jun 2026 | 11:22 PM IST

Cars24 launches AI Labs, commits $20 mn to back AI startups and founders

Auto-tech platform Cars24 launches AI Labs to build AI-first products and support founders through funding, mentorship and partnerships with OpenAI, AWS and ElevenLabs

Updated On: 01 Jun 2026 | 5:47 PM IST

AI has moved beyond hype into payoff phase, says HPE's Suresh Babu

Babu, who leads HPE's worldwide high-performance computing (HPC) and AI strategy, shares insights on supercomputers, sovereign AI & why India's moment in the global AI race is closer than it appears

Updated On: 01 Jun 2026 | 3:20 PM IST

Singapore court sentences Byju's founder to six months in jail for contempt

Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case

Updated On: 27 May 2026 | 11:40 PM IST

From hyperloop to orbit: The IIT alumni who want to see through clouds

GalaxEye founder Suyash Singh and his co-founders spent five years building Drishti, a satellite that sees through clouds even at night, and which was launched earlier this month on a SpaceX rocket

Updated On: 27 May 2026 | 5:21 PM IST

'Pronto's use of customer data early test of DPDP Act implementation'

India's data-protection framework offers some guardrails but leaves wide room for interpretation in how those rules apply to AI training

Updated On: 26 May 2026 | 11:04 PM IST

Fundamentum spins up AI, deep-tech investing platform with ₹2,000 cr fund

New vehicle, backed by anchor investor Nandan Nilekani, will target frontier technologies across consumer, enterprise and physical AI and oversee up to ₹1,000 crore in co-investments

Updated On: 26 May 2026 | 7:31 PM IST

As Strait of Hormuz fears grow, Canada makes an energy pitch to India

With conflict in West Asia raising concerns over energy security, Canada's High Commissioner to India, Chris Cooter, says new export infrastructure could help channel oil, LNG & LPG supplies to India

Updated On: 25 May 2026 | 7:32 PM IST

Flipkart's Shopsy bets on AI to win India's next 100 million shoppers

The platform is moving beyond offers-led commerce with gamified shopping and personalised discovery aimed at Gen Z and smaller cities

Updated On: 25 May 2026 | 6:05 AM IST

Flipkart taps India Post to expand e-commerce reach across smaller towns

The partnership will begin in Maharashtra and Gujarat, combining India Post's network of over 150,000 post offices with Flipkart's commerce infrastructure

Updated On: 23 May 2026 | 12:12 AM IST

Snabbit expands into beauty services with quick salon-at-home offering

Startup expands into salon-at-home services with instant fulfilment model after Bengaluru pilot completed over 2,000 beauty service jobs in six weeks

Updated On: 22 May 2026 | 5:08 PM IST

Small-town India is 'beautiful' for Amazon's luxury play: Siddharth Bhagat

Amazon India plans to add over 100 premium beauty brands in 2026 as demand from tier-2 and tier-3 cities accelerates across categories

Updated On: 21 May 2026 | 10:41 PM IST

Uber, JSW Group team up to develop EVs for India's ride-hailing market

Partnership will focus on developing and deploying locally tailored electric vehicles as Uber expands its electric mobility push in India

Updated On: 21 May 2026 | 3:26 PM IST

Sadev Ventures appoints Ishan Kansal as co-founder, managing partner

The move comes as the early-stage investment firm targets ₹1,000 crore in funds under management over the next 12-24 months

Updated On: 21 May 2026 | 3:02 PM IST

Ola Electric Q4 loss narrows as revenue drops 57% amid reset strategy

The electric-scooter maker said FY26 was a reset year focused on improving operations, margins and cell manufacturing, even as revenue remained under pressure

Updated On: 20 May 2026 | 6:36 PM IST

PharmEasy's parent has a new playbook: Profit first, growth second

After slashing debt and narrowing losses, API Holdings is prioritising profitability over expansion as it revives long-term IPO ambitions for PharmEasy

Updated On: 19 May 2026 | 7:00 PM IST

Gen Z investing startup Trackk raises $3.7 mn from Lightspeed, Info Edge

Mumbai-based Trackk plans to expand its investing platform and product offerings as younger Indians increasingly participate in financial markets

Updated On: 19 May 2026 | 6:40 PM IST

Verlinvest stepping up India bet amid AI and geopolitical anxieties

Verlinvest is increasing investments in Indian consumer and healthcare brands, betting that its evergreen model can navigate volatility better than traditional PE funds

Updated On: 18 May 2026 | 9:59 PM IST

India's ecommerce and ride-hailing firms brace for higher energy costs

Executives warn higher crude prices and West Asia tensions could push up delivery, transport and grocery costs

Updated On: 15 May 2026 | 11:03 PM IST

$240 million fundraise propels Rapido post-money valuation to $3 billion

The mobility startup, now valued at $3 billion, is expanding deeper into Tier-2 and Tier-3 markets amid rising demand for low-cost transport

Updated On: 15 May 2026 | 10:56 PM IST