 "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.
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Going beyond digital: Google Pay goes offline to take on Amazon Pay, Paytm
Google Pay's monthly active users have grown three times, from 14 million in March 2018 to 45 million in March 2019
 "Going beyond digital: Google Pay goes offline to take on Amazon Pay, Paytm")
Zomato revenue triples to $206 million in FY19; losses at $294 million
Delivery revenue for the year rose four times to $155 million from $38 million and dining out revenue rose 63 per cent to $49 million
 "Zomato revenue triples to $206 million in FY19; losses at $294 million")
Explained: How data breach of Justdial's 100 million users was unearthed
In a stock exchange filing on Thursday, Justdial said there had been no data breach of the 100 million users
 "Explained: How data breach of Justdial's 100 million users was unearthed")
Nasper's payment service PayU buys Govind Setlur's Wibmo for Rs 483 cr
The acquisition takes PayU's fintech investment past the $500 million mark
 "Nasper's payment service PayU buys Govind Setlur's Wibmo for Rs 483 cr")
Dunzo set to raise Rs 80 crore from Google, others in fresh funding
The proceeds are expected to help the firm take on larger players such as Swiggy, Zomato and Grofers
 "Dunzo set to raise Rs 80 crore from Google, others in fresh funding")
BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext
The company is working towards driving the adoption of UPI among merchants, and has established operations in 11 cities including Indore, Bhopal, Nagpur, Chandigarh, and Jaipur
 "BharatPe raises $15.5 mn in funding from Insight Partners, Sequoia, Beenext")
Premji-backed iD Fresh Food plans to sell only organic food products
iD Fresh Food plans is to make it 100% organic in 6-12 months
 "Premji-backed iD Fresh Food plans to sell only organic food products")
After Ola investment, Sachin Bansal backs scooter sharing start-up Vogo
Vogo is also betting big on India's growing traffic congestion
 "After Ola investment, Sachin Bansal backs scooter sharing start-up Vogo")
These engineers are building robots to kill India's manual scavenging issue
While Genrobotic's 'Bandicoots' are capable of cleaning manholes in 20 minutes, the company is looking at using artificial intelligence for building fully autonomous robots
 "These engineers are building robots to kill India's manual scavenging issue")
This IPL season, Swiggy looks to tap over 300 million fans through Hotstar
Hotstar expects to reach over 300 million viewers this year, about 50 per cent more than the previous season
 "This IPL season, Swiggy looks to tap over 300 million fans through Hotstar")
Now, AI to predict Cricket matches, assess the luck of the players
IIT Madras and ESPNcricinfo partner to create an engine that leverages rich data collected from over over a decade of insights of ball-by-ball updates
 "Now, AI to predict Cricket matches, assess the luck of the players")
N/Core to support 30 nonprofit startups with a new Rs 40 crore fund
Grants of up to Rs 2 crore for each selected nonprofit, with a special focus on tech solutions
 "N/Core to support 30 nonprofit startups with a new Rs 40 crore fund")
Edtech firm Byju's valuation crosses $5-billion mark with new funding
Investment from GA, Tencent to help in international play
 "Edtech firm Byju's valuation crosses $5-billion mark with new funding")
Zomato unveils tamper-proof packaging to ensure food safety and hygiene
It will be introduced across all 180 cities where Zomato's online ordering and food delivery services are present
 "Zomato unveils tamper-proof packaging to ensure food safety and hygiene")
Robots at Flipkart sort out 5k parcels per hour, compared to 450 by humans
Flipkart said it is introducing India's first robot-based sortation technology at its sortation centre on Soukya Road in the city's outskirts
 "Robots at Flipkart sort out 5k parcels per hour, compared to 450 by humans")
Ola's fight against Uber to get a $300-mn push from Hyundai and Kia
The three companies - Ola, Hyundai and Kia - will co-create solutions to operate and manage fleet vehicles
 "Ola's fight against Uber to get a $300-mn push from Hyundai and Kia")
Co-working giant WeWork helps offbeat start-ups grow business in India
WeWork Labs will serve as a hub for early-stage start-ups and provide members access to investment, educational resources and space
 "Co-working giant WeWork helps offbeat start-ups grow business in India")
Wipro chairman Premji raises philanthropic contribution to $21 billion
The Wipro chairman has done this by additionally earmarking all economic benefits for philanthropic purposes
 "Wipro chairman Premji raises philanthropic contribution to $21 billion")
Venture capital firm Lightbox invests $4 mn in female wellness startup Nua
The firm works on an innovative direct-to-consumer model where women are able to customise sanitary pad boxes based on their individual needs
 "Venture capital firm Lightbox invests $4 mn in female wellness startup Nua")
Again, after 20 years: Founders of India's first e-tailer back in the ring
Vaitheeswaran and Thakran unveiled their new venture called 'Again Drinks'
 "Again, after 20 years: Founders of India's first e-tailer back in the ring")