 "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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Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia
As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount
 "Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia")
E-commerce giants offer tech-friendly policies to woo offline sellers
They are offering new-age tech based products such as AI-led cataloguing, coupled with easy settlements and attractive platform fees that enable ease of doing e-commerce business
 "E-commerce giants offer tech-friendly policies to woo offline sellers")
Have made India's first indigenously made lithium ion-cell, says Ola
Mass production to begin in 2023 at upcoming Gigafactory; firm says use of specific chemistry and materials enables the cell to pack more energy, improves its overall life cycle
 "Have made India's first indigenously made lithium ion-cell, says Ola")
Unacademy's lessons on frugality: Pay cut for founders, no biz class travel
Founders have already taken salary cuts and this would be applied to the management as well
 "Unacademy's lessons on frugality: Pay cut for founders, no biz class travel")
Big Tech games system many times: Chandrasekhar after Uber Files report
Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.
 "Big Tech games system many times: Chandrasekhar after Uber Files report")
CoinSwitch appoints former Myntra VP as head of crypto engineering
Sudheer Tumuluru joins CoinSwitch from Myntra where he was VP-engineering. With two decades of experience, he has built cloud, Big data and infrastructure platforms at tech firms in India and US
 "CoinSwitch appoints former Myntra VP as head of crypto engineering")
Digital manufacturing firm Zetwerk elevates Ankit Fatehpuria as co-founder
The firm said he will now be even more closely involved in helping Zetwerk's mission to modernise manufacturing and to build an enduring company
 "Digital manufacturing firm Zetwerk elevates Ankit Fatehpuria as co-founder")
Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'
iD Fresh said it aims to create 100 millionaires in the next three years by offering employees high-value shares (ESOPS)
 "Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'")
Byju's strengthens senior leadership in tech-first approach to growth
Early this year, Byju's had announced the appointment of Mani Bansal and Maneesh Agrawal to lead key tech functions in an effort towards strengthening its tech vertical
 "Byju's strengthens senior leadership in tech-first approach to growth")
Amazon India to host Prime Day sale event on July 23-24, offer new products
Small and medium businesses will offer more than 2,000 products, says company
 "Amazon India to host Prime Day sale event on July 23-24, offer new products")
Amazon letter accuses Future group of fraud, seeks forensic audit
E-commerce giant writes letter to retail chain's independent directors, seeks independent probe of dealings with RIL
 "Amazon letter accuses Future group of fraud, seeks forensic audit")
Ola may lay off up to 500 employees in order to drive cost-efficiency
Layoffs may take place across Ola departments amid challenging funding environment and delay in listing plans
 "Ola may lay off up to 500 employees in order to drive cost-efficiency")
How a Brazilian Jiu-Jitsu buff and a biohacker built fitness biz Ultrahuman
By using glucose and other biomarkers, Ultrahuman is helping people improve their energy levels, lose fat and avoid metabolic disorders
 "How a Brazilian Jiu-Jitsu buff and a biohacker built fitness biz Ultrahuman")
Facilitated Rs 3,600 cr loans in Q1FY23, up 112% QoQ, says BharatPe
Helped disbursals to over 120,000 merchants in Q1FY23, up from 66,000 merchants in Q4FY22
 "Facilitated Rs 3,600 cr loans in Q1FY23, up 112% QoQ, says BharatPe")
Fund-raising drive on track, majority of the $800 mn received, says Byju's
The firm said its payments to education firm Aakash for a $1-billion deal struck last year have concluded and the audited financial results will be out in 10 days
India guiding world's fourth industrial revolution, says PM Modi
At Digital India Week 2022, Modi says India has eliminated all queues by going online
 "India guiding world's fourth industrial revolution, says PM Modi")
SoftBank-backed Unicommerce to deploy tech in 8,000 warehouses by next year
Multiple new categories and business models have emerged in the last two years in the area of e-commerce
 "SoftBank-backed Unicommerce to deploy tech in 8,000 warehouses by next year")
Aiming to clock 100 mn users by end of 2023, says Flipkart's Shopsy
Flipkart's social commerce platform has over 250,000 sellers and 150 million products ranging across fashion, beauty, mobiles and home
 "Aiming to clock 100 mn users by end of 2023, says Flipkart's Shopsy")
Swiggy starts ESOP liquidity programme worth $23 mn, expands offering
Swiggy employees will this year have the option to receive liquidity of up to $23 million against their ESOPs
 "Swiggy starts ESOP liquidity programme worth $23 mn, expands offering")
Zetwerk buys Pinaka Aerospace to expand defence manufacturing business
Zetwerk has made two other acquisitions and the total value of all three deals is approximately Rs 100 crore
 "Zetwerk buys Pinaka Aerospace to expand defence manufacturing business")