 "Peerzada Abrar")
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.
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.
Page 135 - Peerzada Abrar
Chinese app ban to create funding hurdle for Indian unicorns and soonicorns
Experts foresee major impact on new investments by Chinese players in companies such as Paytm, Ola, BigBasket, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding
 "Chinese app ban to create funding hurdle for Indian unicorns and soonicorns")
Govt may reach out to Apple, Google if delisting of apps is not voluntary
TikTok, the short video app- backed by Beijing-headquartered firm Bytedance, has more than 100 million active users on the platform in India
 "Govt may reach out to Apple, Google if delisting of apps is not voluntary")
Amazon expands its pantry service to more than 300 cities in India
In the last few months, Amazon has added hundreds of towns like Bharatpur, Bilaspur and Mirzapur to help customers order groceries online and get safe doorstep delivery.
 "Amazon expands its pantry service to more than 300 cities in India")
Google helps Indian start-ups get battle-ready for the post-Covid-19 world
The company's GFS Accelerator is focused on mentoring ventures that are solving systemic problems in healthcare, financial inclusion and sustainability through the use of AI and ML
 "Google helps Indian start-ups get battle-ready for the post-Covid-19 world")
Byju's enters live online tutoring segment after testing it a few months
Edtech firm launches online tutoring platform targeting afterschool students
 "Byju's enters live online tutoring segment after testing it a few months")
MyGate and NoBroker accuse each other of stealing data, file FIRs
Both firms have been backed by Tiger global
 "MyGate and NoBroker accuse each other of stealing data, file FIRs")
Amazon eliminates 100% single-use plastic in packaging across India centres
In September 2019 the e-commerce firm had pledged to meet this goal in an accelerated time frame by June 2020, in an effort to build an environmentally sustainable supply chain
 "Amazon eliminates 100% single-use plastic in packaging across India centres")
Oracle sets up second cloud region in India to take on Amazon, Microsoft
The American tech giant said its unique dual cloud region strategy enables customers to get disaster recovery services without having sensitive data leave the country
 "Oracle sets up second cloud region in India to take on Amazon, Microsoft")
37% consumers check country of origin while e-shopping, says survey
Maximum retail price and discount information are being sought by 82% consumers, besides ratings, reviews and delivery date.
 "37% consumers check country of origin while e-shopping, says survey")
Flipkart says 90% sellers back on platform, 125% rise in new MSMEs
Uttar Pradesh, Maharashtra, West Bengal, Delhi and Tamil Nadu are the top states where local MSMEs have shown maximum interest in taking their businesses online
 "Flipkart says 90% sellers back on platform, 125% rise in new MSMEs")
Covid-19 may lift India's e-commerce market to around $85 billion by 2024
The market opportunities for online commerce in the country are expected to touch $200 billion by 2028 from $30 billion in 2018
 "Covid-19 may lift India's e-commerce market to around $85 billion by 2024")
India's aerospace start-ups eye rocket launches and planetary missions
Private firms being allowed to build facilities and work within Isro's premises will throw big opportunities for country's aerospace startups
 "India's aerospace start-ups eye rocket launches and planetary missions")
Covid-19 pandemic helped Byju's become a decacorn, cross $10.5 bn valuation
In response to schools being shut down due to Covid-19, Byju's made content on its learning app free for all students
 "Covid-19 pandemic helped Byju's become a decacorn, cross $10.5 bn valuation")
IISc in process of commercialising ICU-grade ventilator 'Project Praana'
Building such indigenous products would reduce India's dependence on countries like China for items such as PPEs and ventilators
 "IISc in process of commercialising ICU-grade ventilator 'Project Praana'")
Ola Autos to now have protective partition screens, mandatory fumigation
The SoftBank-backed company said it is committed to investing in this category and ensuring the hygiene protocols and screens are being used across over 120 cities where Ola Autos operate
 "Ola Autos to now have protective partition screens, mandatory fumigation")
Amazon forays into food delivery, sets up direct fight with Swiggy, Zomato
Tech giant's food delivery service comes when major players in the space are reeling from Covid-19 impact
 "Amazon forays into food delivery, sets up direct fight with Swiggy, Zomato")
Bike taxi and scooter rental firms back on the roads in several cities
Few of these companies are offering services like home delivery of sanitised vehicles, apart from sanitisation kits
 "Bike taxi and scooter rental firms back on the roads in several cities")
Ola follows Uber, lays off 1,400 staff as Covid-19 hits ride-hailing biz
Ola's revenue has come down 95% in the past 2 months because the disruption caused by the coronavirus.
 "Ola follows Uber, lays off 1,400 staff as Covid-19 hits ride-hailing biz")
Consumers reluctant to visit restaurants amid Covid-19: LocalCircles Survey
87% citizens do not want to visit a restaurant in the next 30 days; 25% consumers say they will order restaurant food via food delivery apps
 "Consumers reluctant to visit restaurants amid Covid-19: LocalCircles Survey")
Most essentials coming from local retailers; availability via e-com dips
With the commencement of lockdown 4.0, a plethora of relaxations has been announced by the Ministry of Home Affairs (MHA)
 "Most essentials coming from local retailers; availability via e-com dips")